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

Shore Capital reiterated their house stock rating on shares of Quadrise (LON:QED) in a research note released on Friday morning, MarketBeat.com reports.

Quadrise Stock Performance

LON QED opened at GBX 1.78 ($0.02) on Friday. The company has a 50-day simple moving average of GBX 1.77 and a two-hundred day simple moving average of GBX 1.59. Quadrise has a 12-month low of GBX 0.66 ($0.01) and a 12-month high of GBX 3.50 ($0.04).

About Quadrise

Quadrise Plc, together with its subsidiaries, manufactures, markets, and sells emulsion fuels for use in power generation, industrial, marine diesel engines, and steam generation applications in the United Kingdom. The company produces oil-in-water emulsion-based fuels through its Multiphase Superfine Atomised Residue (MSAR) technology as a substitute for conventional heavy fuel oil; and oil-in-water emulsified synthetic biofuels through its bioMSAR technology as a substitute for biofuel.