Quadrise Plc (LON:QED – Get Free Report) dropped 6% during trading on Friday . The stock traded as low as GBX 6.68 ($0.08) and last traded at GBX 7.13 ($0.09). Approximately 15,909,228 shares were traded during trading, an increase of 5% from the average daily volume of 15,102,117 shares. The stock had previously closed at GBX 7.58 ($0.09).
Analysts Set New Price Targets
Separately, Shore Capital reissued a “house stock” rating on shares of Quadrise in a report on Friday, December 6th.
Quadrise Trading Down 5.3 %
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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