Quadrise Plc (LON:QED – Get Free Report)’s stock price rose 9.1% on Thursday . The company traded as high as GBX 1.94 ($0.02) and last traded at GBX 1.80 ($0.02). Approximately 10,115,633 shares changed hands during trading, an increase of 105% from the average daily volume of 4,933,229 shares. The stock had previously closed at GBX 1.65 ($0.02).
Wall Street Analyst Weigh In
Separately, Shore Capital restated a “house stock” rating on shares of Quadrise in a research report on Wednesday, July 10th.
View Our Latest Research Report on QED
Quadrise Stock Up 5.3 %
About Quadrise
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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