Quadrise (LON:QED) Shares Down 42.6% – Here’s What Happened

Quadrise Plc (LON:QEDGet Free Report) traded down 42.6% on Friday . The stock traded as low as GBX 3.02 ($0.04) and last traded at GBX 3.34 ($0.04). 73,752,586 shares changed hands during trading, an increase of 479% from the average session volume of 12,733,317 shares. The stock had previously closed at GBX 5.82 ($0.07).

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “house stock” rating on shares of Quadrise in a report on Friday, December 6th.

Check Out Our Latest Stock Report on QED

Quadrise Trading Down 41.2 %

The firm’s fifty day moving average price is GBX 4.73 and its two-hundred day moving average price is GBX 2.76.

Quadrise Company Profile

(Get Free Report)

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).

See Also

Receive News & Ratings for Quadrise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quadrise and related companies with MarketBeat.com's FREE daily email newsletter.