Quadrise (LON:QED) Rating Reiterated by Shore Capital

Shore Capital restated their house stock rating on shares of Quadrise (LON:QED) in a research note released on Friday morning, Marketbeat.com reports.

Quadrise Price Performance

LON QED opened at GBX 1.69 ($0.02) on Friday. Quadrise has a 1-year low of GBX 0.66 ($0.01) and a 1-year high of GBX 3.50 ($0.04). The stock has a 50-day moving average of GBX 1.77 and a 200-day moving average of GBX 1.59.

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.