Quadrise (LON:QED) Shares Down 4.8% – Time to Sell?

Quadrise Plc (LON:QED)’s stock price traded down 4.8% on Tuesday . The stock traded as low as GBX 1.90 and last traded at GBX 1.98. 5,368,387 shares traded hands 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 Stock Down 0.0%

The firm’s fifty day simple moving average is GBX 2.61 and its two-hundred day simple moving average is GBX 2.48. The firm has a market cap of £44.12 million, a PE ratio of -12.94 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).