Shore Capital Reaffirms “House Stock” Rating for Quadrise (LON:QED)

Quadrise (LON:QED)‘s stock had its “house stock” rating reiterated by equities research analysts at Shore Capital in a report released on Friday,Digital Look reports.

Quadrise Trading Up 9.7 %

QED stock opened at GBX 4.40 ($0.06) on Friday. The stock has a 50-day simple moving average of GBX 1.93 and a 200-day simple moving average of GBX 1.89. Quadrise has a 1 year low of GBX 1.14 ($0.01) and a 1 year high of GBX 4.50 ($0.06).

Quadrise Company Profile

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.