Quadrise Plc (LON:QED - Get Free Report)'s share price shot up 11.7% during mid-day trading on Friday . The company traded as high as GBX 4.50 ($0.06) and last traded at GBX 4.30 ($0.05). 47,571,504 shares traded hands during trading, an increase of 101% from the average session volume of 23,646,633 shares. The stock had previously closed at GBX 3.85 ($0.05).
Wall Street Analyst Weigh In
Separately, Shore Capital restated a "house stock" rating on shares of Quadrise in a research note on Friday.
Read Our Latest Stock Analysis on Quadrise
Quadrise Stock Down 4.3 %
The business's fifty day simple moving average is GBX 5.15 and its two-hundred day simple moving average is GBX 2.92.
About Quadrise
(
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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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