Shares of Quadrise Plc (LON:QED – Get Free Report) shot up 11.1% during trading on Friday . The company traded as high as GBX 3 and last traded at GBX 3. 1,552,497 shares were traded during mid-day trading, a decline of 72% from the average session volume of 5,495,926 shares. The stock had previously closed at GBX 2.70.
Analysts Set New Price Targets
Separately, Shore Capital reissued a “house stock” rating on shares of Quadrise in a report on Friday.
Check Out Our Latest Report on Quadrise
Quadrise Price Performance
Quadrise (LON:QED – Get Free Report) last issued its quarterly earnings results on Monday, September 29th. The company reported GBX (0.17) EPS for the quarter.
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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