Quadrise Plc (LON:QED – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4.14 ($0.05) and traded as high as GBX 4.76 ($0.06). Quadrise shares last traded at GBX 4.50 ($0.06), with a volume of 5,589,265 shares trading hands.
Analysts Set New Price Targets
Separately, Shore Capital reiterated a “house stock” rating on shares of Quadrise in a report on Thursday, May 1st.
Check Out Our Latest Analysis on QED
Quadrise Stock Performance
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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