Quadrise (LON:QED) Trading 19.8% Higher

Shares of Quadrise Plc (LON:QEDGet Free Report) traded up 19.8% during trading on Tuesday . The company traded as high as GBX 1.80 ($0.02) and last traded at GBX 1.76 ($0.02). 12,334,897 shares changed hands during mid-day trading, an increase of 138% from the average session volume of 5,192,405 shares. The stock had previously closed at GBX 1.47 ($0.02).

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of Quadrise in a research note on Friday, April 19th.

Check Out Our Latest Stock Report on QED

Quadrise Stock Performance

The firm’s fifty day moving average price is GBX 1.46 and its two-hundred day moving average price is GBX 1.66.

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.

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