Quadrise (LON:QED) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Quadrise Plc (LON:QEDGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-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 changing hands.

Analyst Ratings Changes

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

Get Our Latest Stock Report on QED

Quadrise Stock Down 6.2 %

The stock has a fifty day moving average of GBX 2.25 and a 200-day 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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