Quadrise Plc (LON:QED - Get Free Report) shot up 11.2% during trading on Monday . The stock traded as high as GBX 4.90 ($0.06) and last traded at GBX 4.60 ($0.06). 3,889,494 shares were traded during mid-day trading, a decline of 20% from the average session volume of 4,850,615 shares. The stock had previously closed at GBX 4.13 ($0.05).
Analyst Upgrades and Downgrades
Separately, Shore Capital reaffirmed a "house stock" rating on shares of Quadrise in a research note on Friday, December 6th.
View Our Latest Report on QED
Quadrise Stock Performance
The stock's 50 day moving average is GBX 2.32 and its two-hundred day moving average is GBX 2.03.
About Quadrise
(
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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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