Quadrise (LON:QED) Trading Down 9.7% – Time to Sell?

Quadrise Plc (LON:QEDGet Free Report) fell 9.7% during trading on Wednesday . The stock traded as low as GBX 3.12 ($0.04) and last traded at GBX 3.20 ($0.04). 43,868,297 shares changed hands during trading, an increase of 833% from the average session volume of 4,703,020 shares. The stock had previously closed at GBX 3.55 ($0.04).

Analyst Upgrades and Downgrades

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

Get Our Latest Stock Report on QED

Quadrise Trading Down 10.5 %

The firm has a fifty day moving average price of GBX 1.65 and a 200 day moving average price of GBX 1.80.

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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