Shares of Quadrise Plc (LON:QED – Get Free Report) rose 11.2% during trading on Monday . The company traded as high as GBX 4.90 ($0.06) and last traded at GBX 4.60 ($0.06). Approximately 3,889,494 shares traded hands during mid-day trading, a decline of 20% from the average daily volume of 4,850,615 shares. The stock had previously closed at GBX 4.13 ($0.05).
Wall Street Analyst Weigh In
Separately, Shore Capital restated a “house stock” rating on shares of Quadrise in a research report on Friday, December 6th.
Check Out Our Latest Analysis on QED
Quadrise Price Performance
About Quadrise
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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