Jane Street Group LLC Takes $116,000 Position in Quest Resource Holding Co. (NASDAQ:QRHC)

Jane Street Group LLC bought a new position in Quest Resource Holding Co. (NASDAQ:QRHC) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,484 shares of the business services provider’s stock, valued at approximately $116,000. Jane Street Group LLC owned 0.07% of Quest Resource at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC bought a new position in Quest Resource during the second quarter valued at about $34,000. BNP Paribas Financial Markets lifted its holdings in Quest Resource by 62.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 10,063 shares of the business services provider’s stock valued at $80,000 after acquiring an additional 3,850 shares during the last quarter. MetLife Investment Management LLC boosted its position in shares of Quest Resource by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 10,285 shares of the business services provider’s stock valued at $82,000 after purchasing an additional 5,795 shares in the last quarter. Rhumbline Advisers bought a new stake in shares of Quest Resource in the 2nd quarter worth approximately $145,000. Finally, GSA Capital Partners LLP acquired a new stake in Quest Resource during the third quarter valued at approximately $148,000. 48.16% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. StockNews.com raised Quest Resource from a “sell” rating to a “hold” rating in a report on Tuesday, November 19th. Northland Capmk raised Quest Resource to a “strong-buy” rating in a report on Tuesday, September 17th. Finally, Northland Securities initiated coverage on Quest Resource in a research note on Tuesday, September 17th. They issued an “outperform” rating and a $12.50 price target on the stock.

Quest Resource Stock Performance

Shares of Quest Resource stock opened at $5.85 on Wednesday. The stock has a market cap of $120.44 million, a PE ratio of -15.81, a price-to-earnings-growth ratio of 4.97 and a beta of 0.67. Quest Resource Holding Co. has a 12 month low of $5.67 and a 12 month high of $10.85. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 1.15. The business has a fifty day simple moving average of $6.70 and a 200-day simple moving average of $7.81.

Quest Resource Company Profile

Quest Resource Holding Corporation, together with its subsidiaries, provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States. The company provides disposal and recycling services for motor oil and automotive lubricants, oil filters, scrap tires, oily water, goods destruction, food waste, meat renderings, cooking oil and grease trap waste, plastics, cardboard, metal, glass, mixed paper, construction debris, as well as a large variety of regulated and non-regulated solid, liquid, and gas wastes.