Quest Resource (QRHC) to Release Earnings on Wednesday

Quest Resource (NASDAQ:QRHC) is expected to be issuing its quarterly earnings data after the market closes on Wednesday, March 12th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $73.63 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Quest Resource Stock Performance

NASDAQ:QRHC opened at $4.44 on Monday. The stock has a market capitalization of $91.41 million, a P/E ratio of -12.00, a PEG ratio of 0.76 and a beta of 0.66. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.52 and a current ratio of 1.52. The company has a 50 day moving average price of $5.41 and a 200 day moving average price of $6.93. Quest Resource has a fifty-two week low of $4.31 and a fifty-two week high of $10.85.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Quest Resource stock. Bank of America Corp DE boosted its stake in Quest Resource Holding Co. (NASDAQ:QRHC) by 36.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,356 shares of the business services provider’s stock after buying an additional 4,104 shares during the quarter. Bank of America Corp DE owned approximately 0.07% of Quest Resource worth $100,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 48.16% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Quest Resource from a “sell” rating to a “hold” rating in a research report on Tuesday, November 19th.

About Quest Resource

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.