Quadrise (LON:QED) Stock Price Down 6% – Time to Sell?

Quadrise Plc (LON:QED)’s stock price was down 6% on Friday . The stock traded as low as GBX 6.68 ($0.08) and last traded at GBX 7.13 ($0.09). Approximately 15,909,228 shares traded hands during mid-day trading, an increase of 5% from the average daily volume of 15,102,117 shares. The stock had previously closed at GBX 7.58 ($0.09).

Analyst Ratings Changes

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

Quadrise Stock Down 7.7 %

The stock has a 50-day simple moving average of GBX 3.48 and a 200 day simple moving average of GBX 2.38.

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).