Quadrise Plc (LON:QED – Get Free Report) fell 9.7% during mid-day trading on Wednesday . The company traded as low as GBX 3.12 ($0.04) and last traded at GBX 3.20 ($0.04). 43,868,297 shares changed hands during trading, an increase of 833% from the average session volume of 4,703,020 shares. The stock had previously closed at GBX 3.55 ($0.04).
Analyst Ratings Changes
Separately, Shore Capital reaffirmed a “house stock” rating on shares of Quadrise in a report on Friday, November 22nd.
Check Out Our Latest Report on QED
Quadrise Price Performance
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.
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