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 report issued on Friday, MarketBeat reports.

Quadrise Trading Up 17.8 %

Shares of LON:QED opened at GBX 2.30 ($0.03) 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 firm’s 50-day moving average is GBX 1.60 and its 200 day moving average 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.