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

Shore Capital reissued their house stock rating on shares of Quadrise (LON:QED) in a research note published on Friday, MarketBeat.com reports.

Quadrise Stock Up 17.8 %

Shares of QED opened at GBX 2.30 ($0.03) on Friday. The company has a 50 day moving average price of GBX 1.60 and a 200-day moving average price of GBX 1.78. Quadrise has a fifty-two week low of GBX 1.14 ($0.01) and a fifty-two week high of GBX 3.50 ($0.04).

About Quadrise

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.