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Quadrise (LON:QED) Trading 11.3% Higher - Still a Buy?

Quadrise logo with Energy background

Quadrise Plc (LON:QED - Get Free Report)'s stock price traded up 11.3% on Thursday . The company traded as high as GBX 3.89 ($0.05) and last traded at GBX 3.81 ($0.05). 2,301,487 shares were traded during trading, a decline of 51% from the average session volume of 4,686,231 shares. The stock had previously closed at GBX 3.42 ($0.04).

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a "house stock" rating on shares of Quadrise in a research report on Friday, November 22nd.

Read Our Latest Research Report on Quadrise

Quadrise Trading Up 20.3 %

The business's fifty day simple moving average is GBX 1.87 and its two-hundred day simple moving average is GBX 1.88.

Quadrise Company Profile

(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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