Quadrise Plc (LON:QED – Get Free Report) dropped 42.6% during mid-day trading on Friday . The stock traded as low as GBX 3.02 ($0.04) and last traded at GBX 3.34 ($0.04). Approximately 73,752,586 shares changed hands during mid-day trading, an increase of 479% from the average daily volume of 12,733,317 shares. The stock had previously closed at GBX 5.82 ($0.07).
Wall Street Analysts Forecast Growth
Separately, Shore Capital reissued a “house stock” rating on shares of Quadrise in a research note on Friday, December 6th.
Check Out Our Latest Analysis on QED
Quadrise Trading Down 29.1 %
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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