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

Quadrise Plc (LON:QEDGet Free Report)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1.74 ($0.02) and traded as low as GBX 1.51 ($0.02). Quadrise shares last traded at GBX 1.76 ($0.02), with a volume of 1,028,092 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of Quadrise in a report on Wednesday, July 10th.

View Our Latest Research Report on Quadrise

Quadrise Stock Performance

The firm has a 50 day simple moving average of GBX 1.65 and a 200-day simple moving average of GBX 1.74.

About Quadrise

(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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