Quadrise Plc (LON:QED – Get Free Report)’s share price shot up 9.4% during trading on Friday . The company traded as high as GBX 1.70 ($0.02) and last traded at GBX 1.69 ($0.02). 2,555,681 shares changed hands during trading, a decline of 35% from the average session volume of 3,939,320 shares. The stock had previously closed at GBX 1.54 ($0.02).
Analyst Upgrades and Downgrades
Separately, Shore Capital restated a “house stock” rating on shares of Quadrise in a research note on Friday.
Check Out Our Latest 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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