Quadrise (LON:QED) Trading Down 4.8% – Here’s Why

Quadrise Plc (LON:QED)’s stock price traded down 4.8% during mid-day trading on Tuesday . The stock traded as low as GBX 1.90 and last traded at GBX 1.98. 5,368,387 shares were traded during trading, an increase of 29% from the average session volume of 4,163,133 shares. The stock had previously closed at GBX 2.08.

Quadrise Trading Down 4.8%

The firm’s fifty day moving average price is GBX 2.60 and its 200-day moving average price is GBX 2.50. The company has a market cap of £39.72 million, a P/E ratio of -11.65 and a beta of 0.90.

Quadrise Company Profile

Quadrise is a global innovator and licensor of the disruptive heavy oil and synthetic biofuel technology that produces its proprietary MSAR® and bioMSAR™ fuels. Quadrise employs a team of energy and fuel experts with extensive experience in commercial emulsion fuels, downstream, marine and power utility applications at a global level.

Quadrise’s shares have been listed on the London Stock Exchange’s AIM market since 2006 (AIM: QED).