Quadrise (LON:QED) Trading Down 3.6% – Here’s What Happened

Quadrise Plc (LON:QED)’s stock price fell 3.6% during trading on Wednesday . The company traded as low as GBX 2.11 and last traded at GBX 2.40. 104,019 shares were traded during mid-day trading, a decline of 97% from the average session volume of 4,142,315 shares. The stock had previously closed at GBX 2.49.

Quadrise Trading Down 3.6%

The business’s 50 day moving average is GBX 2.56 and its 200 day moving average is GBX 2.52. The stock has a market capitalization of £48.15 million, a PE ratio of -14.12 and a beta of 0.90.

About Quadrise

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).