Quadrise (LON:QED) Trading Up 13.3% – What’s Next?

Quadrise Plc (LON:QED)’s share price traded up 13.3% during trading on Monday . The stock traded as high as GBX 1.70 and last traded at GBX 1.70. 15,875,637 shares traded hands during trading, an increase of 357% from the average session volume of 3,476,854 shares. The stock had previously closed at GBX 1.50.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group restated a “house stock” rating on shares of Quadrise in a report on Monday, January 12th.

Quadrise Price Performance

The stock’s 50 day simple moving average is GBX 2.08 and its two-hundred day simple moving average is GBX 2.77. The firm has a market cap of £37.70 million, a P/E ratio of -11.05 and a beta of 1.09.

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).