Quadrise (LON:QED) Stock Price Up 2.8% – Should You Buy?

Quadrise Plc (LON:QEDGet Free Report)’s stock price rose 2.8% during trading on Thursday . The stock traded as high as GBX 1.85 and last traded at GBX 1.81. Approximately 616,922 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 2,855,489 shares. The stock had previously closed at GBX 1.76.

Analysts Set New Price Targets

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

Read Our Latest Stock Report on QED

Quadrise Trading Up 8.0%

The company’s 50 day moving average price is GBX 2.48 and its 200-day moving average price is GBX 3. The company has a market capitalization of £38.12 million, a PE ratio of -11.18 and a beta of 1.83.

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).

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