Quadrise (LON:QED) Stock Price Down 10.8%

Quadrise Plc (LON:QEDGet Free Report) shares dropped 10.8% during mid-day trading on Tuesday . The stock traded as low as GBX 1.95 ($0.02) and last traded at GBX 1.95 ($0.02). Approximately 2,848,605 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 5,566,955 shares. The stock had previously closed at GBX 2.18 ($0.03).

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Quadrise in a research note on Friday, April 19th.

Check Out Our Latest Stock Report on QED

Quadrise Trading Down 1.9 %

The business has a 50-day moving average price of GBX 1.59 and a two-hundred day moving average price of GBX 1.73.

About Quadrise

(Get Free Report)

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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