BlueFire Renewables (OTCMKTS:BFRE) Stock Price Up 3,095,612.5% – Should You Buy?

BlueFire Renewables, Inc. (OTCMKTS:BFREGet Free Report) shares rose 3,095,612.5% during trading on Thursday . The company traded as high as $24.85 and last traded at $24.77. Approximately 20,093 shares were traded 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 Trading Down 1.8 %

The business’s 50 day moving average is $0.98 and its two-hundred day moving average is $0.34.

BlueFire Renewables Company Profile

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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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