Quadrise Plc (LON:QED – Get Free Report) dropped 9.1% on Thursday. The company traded as low as GBX 0.98 and last traded at GBX 1. Approximately 5,684,491 shares changed hands during trading, an increase of 35% from the average daily volume of 4,197,193 shares. The stock had previously closed at GBX 1.10.
Analysts Set New Price Targets
Separately, Shore Capital Group reissued a “house stock” rating on shares of Quadrise in a research report on Thursday, July 30th.
Check Out Our Latest Analysis on QED
Quadrise Stock Performance
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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