Quadrise Plc (LON:QED – Get Free Report) shares dropped 9.9% during mid-day trading on Tuesday . The company traded as low as GBX 1.89 ($0.02) and last traded at GBX 1.98 ($0.03). Approximately 5,528,945 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 5,235,871 shares. The stock had previously closed at GBX 2.20 ($0.03).
Analyst Upgrades and Downgrades
Separately, Shore Capital reissued a “house stock” rating on shares of Quadrise in a report on Wednesday, June 26th.
Check Out Our Latest Stock Analysis 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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