Shares of BlueFire Renewables, Inc. (OTCMKTS:BFRE – Get Free Report) were up 3,095,612.5% during mid-day trading on Thursday . The stock traded as high as $24.85 and last traded at $24.77. Approximately 20,093 shares changed hands during trading, a decline of 99% from the average daily volume of 3,793,388 shares. The stock had previously closed at $0.00.
BlueFire Renewables Stock Performance
The company has a 50 day moving average of $0.98 and a 200-day moving average of $0.34.
BlueFire Renewables Company Profile
BlueFire Renewables, Inc focuses on developing, owning, and operating carbohydrate-based transportation fuel plants or bio-refineries to produce ethanol in North America. Its bio-refineries would convert organic materials, such as agricultural residues, high-content biomass crops, wood residues, and cellulose from municipal solid wastes into ethanol.
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