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

Quadrise (LON:QED)‘s stock had its “house stock” rating reaffirmed by research analysts at Shore Capital in a report issued on Friday,Digital Look reports.

Quadrise Stock Down 2.1 %

Shares of QED opened at GBX 1.51 ($0.02) on Friday. Quadrise has a 1 year low of GBX 1.14 ($0.01) and a 1 year high of GBX 3.50 ($0.04). The company has a 50 day simple moving average of GBX 1.60 and a two-hundred day simple moving average of GBX 1.78.

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.