Quadrise (LON:QED) Stock Price Up 5.5% – Here’s What Happened

Quadrise Plc (LON:QED)’s stock price rose 5.5% during trading on Wednesday . The company traded as high as GBX 2.19 and last traded at GBX 2.06. Approximately 1,755,161 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 4,122,146 shares. The stock had previously closed at GBX 1.95.

Quadrise Stock Performance

The stock’s 50 day moving average price is GBX 2.60 and its 200 day moving average price is GBX 2.50. The company has a market capitalization of £41.27 million, a P/E ratio of -12.10 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).