Quest Resource (NASDAQ:QRHC – Get Free Report) was downgraded by StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.
Quest Resource Stock Up 10.8 %
NASDAQ QRHC opened at $2.97 on Thursday. Quest Resource has a 52 week low of $2.61 and a 52 week 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’s fifty day simple moving average is $5.12 and its 200-day simple moving average is $6.78. The firm has a market cap of $61.15 million, a PE ratio of -8.03, a P/E/G ratio of 0.76 and a beta of 0.66.
Quest Resource (NASDAQ:QRHC – Get Free Report) last posted its quarterly earnings results on Wednesday, March 12th. The business services provider reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.03). Quest Resource had a positive return on equity of 3.11% and a negative net margin of 2.74%. The company had revenue of $69.97 million for the quarter, compared to analysts’ expectations of $73.63 million. As a group, equities analysts anticipate that Quest Resource will post 0.09 earnings per share for the current year.
Institutional Trading of Quest Resource
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.
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