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

Quadrise Plc (LON:QEDGet Free Report) rose 5.5% during mid-day trading on Wednesday . The stock traded as high as GBX 2.19 and last traded at GBX 2.06. Approximately 1,755,161 shares changed hands during 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 Up 5.5%

The firm has a market capitalization of £41.27 million, a P/E ratio of -12.10 and a beta of 0.90. The company’s 50 day moving average is GBX 2.60 and its 200-day moving average is GBX 2.50.

About Quadrise

(Get Free Report)

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).

Recommended Stories

Receive News & Ratings for Quadrise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quadrise and related companies with MarketBeat.com's FREE daily email newsletter.