Quadrise (LON:QED) Shares Up 13.6% – Still a Buy?

Shares of Quadrise Plc (LON:QEDGet Free Report) rose 13.6% during trading on Tuesday . The stock traded as high as GBX 1.82 and last traded at GBX 1.72. Approximately 3,474,462 shares changed hands during trading, a decline of 7% from the average session volume of 3,748,435 shares. The stock had previously closed at GBX 1.51.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “house stock” rating on shares of Quadrise in a research report on Friday, June 12th.

View Our Latest Stock Report on QED

Quadrise Trading Up 13.6%

The firm has a market capitalization of £34.41 million, a P/E ratio of -10.09 and a beta of 0.90. The firm has a 50 day moving average price of GBX 2.32 and a 200-day moving average price of GBX 2.36.

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).

See Also

Receive News & Ratings for Quadrise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quadrise and related companies with MarketBeat.com's FREE daily email newsletter.