Quadrise (LON:QED) Trading Down 6.8% – Should You Sell?

Quadrise Plc (LON:QED) was down 6.8% during trading on Monday . The stock traded as low as GBX 2.41 and last traded at GBX 2.47. Approximately 422,696 shares changed hands during trading, a decline of 90% from the average daily volume of 4,266,216 shares. The stock had previously closed at GBX 2.65.

Quadrise Price Performance

The company has a market cap of £54.17 million, a PE ratio of -15.88 and a beta of 0.90. The company has a fifty day moving average price of GBX 2.53 and a 200 day moving average price of GBX 2.54.

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).