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Quadrise (LON:QED) Shares Pass Above Two Hundred Day Moving Average - What's Next?

Quadrise logo with Energy background

Quadrise Plc (LON:QED - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2.01 ($0.03) and traded as high as GBX 4.50 ($0.06). Quadrise shares last traded at GBX 4.04 ($0.05), with a volume of 6,370,204 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a "house stock" rating on shares of Quadrise in a research report on Friday, December 6th.

Check Out Our Latest Research Report on Quadrise

Quadrise Stock Down 6.2 %

The company has a fifty day simple moving average of GBX 2.25 and a two-hundred day simple moving average of GBX 2.01.

About Quadrise

(Get Free Report)

Quadrise Plc, together with its subsidiaries, manufactures, markets, and sells emulsion fuels for use in power generation, industrial, marine diesel engines, and steam generation applications in the United Kingdom. The company produces oil-in-water emulsion-based fuels through its Multiphase Superfine Atomised Residue (MSAR) technology as a substitute for conventional heavy fuel oil; and oil-in-water emulsified synthetic biofuels through its bioMSAR technology as a substitute for biofuel.

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