Quadrise Plc (LON:QED – Get Free Report)’s stock price dropped 9.4% during mid-day trading on Monday . The stock traded as low as GBX 1.47 and last traded at GBX 1.55. 9,297,384 shares changed hands during trading, an increase of 148% from the average daily volume of 3,747,294 shares. The stock had previously closed at GBX 1.71.
Analysts Set New Price Targets
Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Quadrise in a research report on Wednesday.
Check Out Our Latest Research Report on Quadrise
Quadrise Stock Performance
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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