Quadrise Plc (LON:QED – Get Free Report) shares traded up 17.6% during trading on Friday. The company traded as high as GBX 1.70 and last traded at GBX 1.60. 25,643,832 shares traded hands during mid-day trading, an increase of 430% from the average daily volume of 4,834,375 shares. The stock had previously closed at GBX 1.36.
Analyst Upgrades and Downgrades
Separately, Shore Capital Group restated a “house stock” rating on shares of Quadrise in a research report on Thursday, July 30th.
Quadrise Stock Performance
The firm’s 50-day simple moving average is GBX 1.19 and its 200 day simple moving average is GBX 1.71. The company has a market cap of £34.66 million, a P/E ratio of -7.62 and a beta of 0.72.
Quadrise (LON:QED – Get Free Report) last announced its quarterly earnings data on Monday, October 26th. The company reported GBX (0.21) EPS for the quarter. Quadrise had a negative return on equity of 61.19% and a negative net margin of 4,695.51%.
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).
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