Quadrise (LON:QED) Stock Price Down 11.8% – Time to Sell?

Quadrise Plc (LON:QEDGet Free Report) was down 11.8% during trading on Tuesday . The company traded as low as GBX 1.62 and last traded at GBX 1.75. Approximately 5,270,139 shares traded hands during trading, an increase of 34% from the average daily volume of 3,931,098 shares. The stock had previously closed at GBX 1.99.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Quadrise in a research note on Friday.

Read Our Latest Stock Analysis on Quadrise

Quadrise Trading Down 11.8%

The stock has a market capitalization of £35.11 million, a P/E ratio of -10.29 and a beta of 0.90. The company’s 50-day moving average is GBX 2.57 and its two-hundred day moving average is GBX 2.44.

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).

Further Reading

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.