Quadrise (LON:QED) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Quadrise Plc (LON:QEDGet Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.77 ($0.02) and traded as low as GBX 1.32 ($0.02). Quadrise shares last traded at GBX 1.52 ($0.02), with a volume of 9,721,432 shares trading hands.

Quadrise Stock Performance

The business has a 50 day moving average price of GBX 1.59 and a two-hundred day moving average price of GBX 1.77.

About Quadrise

(Get Free Report)

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.

Further Reading

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