Quadrise (LON:QED) Shares Up 6.8% – What’s Next?

Quadrise Plc (LON:QEDGet Free Report)’s share price was up 6.8% on Tuesday . The company traded as high as GBX 6.38 ($0.08) and last traded at GBX 6.09 ($0.08). Approximately 16,429,473 shares changed hands during trading, a decline of 8% from the average daily volume of 17,777,559 shares. The stock had previously closed at GBX 5.70 ($0.07).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Quadrise in a research note on Friday, December 6th.

Read Our Latest Analysis on QED

Quadrise Stock Performance

The firm has a 50 day moving average price of GBX 3.67 and a 200-day moving average price of GBX 2.43.

Quadrise Company Profile

(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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