Quadrise Plc (LON:QED – Get Free Report)’s share price shot up 9.1% during mid-day trading on Friday . The company traded as high as GBX 6.18 ($0.08) and last traded at GBX 6.10 ($0.08). 12,174,350 shares changed hands during trading, an increase of 140% from the average session volume of 5,066,992 shares. The stock had previously closed at GBX 5.59 ($0.07).
Analysts Set New Price Targets
Separately, Shore Capital reiterated a “house stock” rating on shares of Quadrise in a research report on Friday, December 6th.
View Our Latest Research Report on QED
Quadrise Trading Up 9.1 %
Quadrise Company Profile
Quadrise is a global innovator and licensor of the disruptive heavy oil and synthetic biofuel technology that produces its proprietary MSAR® and bioMSAR™ fuels. Quadrise employs a team of energy and fuel experts with extensive experience in commercial emulsion fuels, downstream, marine and power utility applications at a global level.
Quadrise’s shares have been listed on the London Stock Exchange’s AIM market since 2006 (AIM: QED).
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