Quadrise (LON:QED) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Quadrise Plc (LON:QEDGet Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.77 ($0.02) and traded as low as GBX 1.32 ($0.02). Quadrise shares last traded at GBX 1.52 ($0.02), with a volume of 9,721,432 shares traded.

Quadrise Trading Down 13.0 %

The business has a 50-day simple moving average of GBX 1.59 and a 200-day simple moving average of GBX 1.77.

About Quadrise

(Get Free Report)

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.

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