Quadrise (LON:QED) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Shares of Quadrise Plc (LON:QEDGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred 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.

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Analysis on Quadrise

Quadrise Trading Down 6.2 %

The business has a 50 day simple moving average of GBX 2.25 and a two-hundred day simple moving average of GBX 2.01.

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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