Quadrise Plc (LON:QED – Get Free Report)’s share price was down 8.4% on Wednesday . The stock traded as low as GBX 1.54 ($0.02) and last traded at GBX 1.56 ($0.02). Approximately 2,036,993 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 3,946,546 shares. The stock had previously closed at GBX 1.70 ($0.02).
Quadrise Stock Performance
The company has a 50-day moving average of GBX 1.60 and a 200-day moving average of GBX 1.78.
Quadrise Company Profile
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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