Quadrise Plc (LON:QED - Get Free Report)'s share price was down 10.3% during trading on Wednesday . The stock traded as low as GBX 3.41 ($0.05) and last traded at GBX 3.41 ($0.05). Approximately 476,252 shares changed hands during trading, a decline of 93% from the average daily volume of 6,499,896 shares. The stock had previously closed at GBX 3.80 ($0.05).
Wall Street Analysts Forecast Growth
Separately, Shore Capital reissued a "house stock" rating on shares of Quadrise in a research report on Thursday, May 1st.
View Our Latest Stock Analysis on QED
Quadrise Stock Down 3.2%
The company has a market capitalization of £66.17 million, a P/E ratio of -18.68 and a beta of 1.83. The firm has a 50-day moving average price of GBX 4.03 and a two-hundred day moving average price of GBX 4.24.
Insider Buying and Selling
In related news, insider Jason Miles sold 2,702,839 shares of the firm's stock in a transaction on Friday, July 11th. The stock was sold at an average price of GBX 4 ($0.05), for a total value of £108,113.56 ($143,500.88). 7.42% of the stock is currently owned by company insiders.
Quadrise Company Profile
(
Get Free Report)
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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