Quadrise (LON:QED) Stock Jumps 17.6% – What’s Next?

Quadrise Plc (LON:QED)’s stock price traded up 17.6% on Friday. The stock traded as high as GBX 1.70 and last traded at GBX 1.60. Approximately 25,643,832 shares changed hands during mid-day trading, an increase of 430% from the average session volume of 4,834,375 shares. The stock had previously closed at GBX 1.36.

Analyst Ratings Changes

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Quadrise in a research report on Thursday, July 30th.

Quadrise Stock Up 17.6%

The business’s 50 day simple moving average is GBX 1.18 and its two-hundred day simple moving average is GBX 1.72. The stock has a market cap of £34.66 million, a P/E ratio of -7.62 and a beta of 0.72.

Quadrise (LON:QED) last announced its quarterly earnings results on Monday, October 26th. The company reported GBX (0.21) EPS for the quarter. Quadrise had a negative net margin of 4,695.51% and a negative return on equity of 61.19%.

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).