Shore Capital Group Reaffirms House Stock Rating for Quadrise (LON:QED)

Quadrise (LON:QED)‘s stock had its “house stock” rating reissued by Shore Capital Group in a research note issued on Wednesday,London Stock Exchange reports.

Quadrise Stock Down 26.7%

Shares of Quadrise stock opened at GBX 1 on Wednesday. The company’s fifty day simple moving average is GBX 2.14 and its two-hundred day simple moving average is GBX 2.31. Quadrise has a 12-month low of GBX 0.91 and a 12-month high of GBX 5. The firm has a market cap of £20.14 million, a PE ratio of -5.91 and a beta of 0.90.

About Quadrise

Quadrise is a global innovator and licensor of the disruptive heavy oil and synthetic biofuel technology that produces its proprietary MSAR® and bioMSAR™ fuels. Quadrise employs a team of energy and fuel experts with extensive experience in commercial emulsion fuels, downstream, marine and power utility applications at a global level.

Quadrise’s shares have been listed on the London Stock Exchange’s AIM market since 2006 (AIM: QED).