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Quadrise (LON:QED) Stock Price Crosses Above 200-Day Moving Average - Here's What Happened

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 Monday . The stock has a two hundred day moving average of GBX 2.14 ($0.03) and traded as high as GBX 5.80 ($0.07). Quadrise shares last traded at GBX 5.60 ($0.07), with a volume of 7,382,089 shares.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Report on QED

Quadrise Stock Up 2.1 %

The business's fifty day moving average is GBX 2.71 and its 200-day moving average is GBX 2.14.

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.

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