Quadrise Plc (LON:QED – Get Free Report) shares fell 2.5% during mid-day trading on Tuesday . The company traded as low as GBX 1.38 ($0.02) and last traded at GBX 1.45 ($0.02). 9,779,164 shares were traded during mid-day trading, an increase of 78% from the average session volume of 5,505,873 shares. The stock had previously closed at GBX 1.49 ($0.02).
Wall Street Analysts Forecast Growth
Separately, Shore Capital reaffirmed a “house stock” rating on shares of Quadrise in a research note on Friday, April 19th.
Check Out Our Latest Stock Analysis on QED
Quadrise Trading Down 2.5 %
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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