Quadrise Plc (LON:QED – Get Free Report) shares traded down 16.1% on Monday . The stock traded as low as GBX 2.65 and last traded at GBX 2.65. 3,954,470 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 5,329,486 shares. The stock had previously closed at GBX 3.16.
Wall Street Analyst Weigh In
Separately, Shore Capital restated a “house stock” rating on shares of Quadrise in a research note on Friday, November 28th.
Check Out Our Latest Analysis on QED
Quadrise Trading Down 13.0%
Quadrise (LON:QED – Get Free Report) last released its earnings results on Monday, September 29th. The company reported GBX (0.17) earnings per share (EPS) for the quarter.
Quadrise Company Profile
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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