Shore Capital Reiterates House Stock Rating for Quadrise (LON:QED)

Quadrise (LON:QED)‘s stock had its “house stock” rating restated by research analysts at Shore Capital in a research note issued to investors on Friday, MarketBeat reports.

Quadrise Price Performance

Shares of LON:QED opened at GBX 1.95 ($0.02) on Friday. Quadrise has a 12 month low of GBX 1.14 ($0.01) and a 12 month high of GBX 3.50 ($0.04). The company’s 50-day moving average price is GBX 1.60 and its two-hundred day moving average price is GBX 1.78.

Quadrise Company Profile

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.