Quest Resource - QRHC Stock Forecast, Price & News

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. It offers 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. The company provides santifreeze and windshield washer fluid, dumpster and compacting equipment, and other minor ancillary services. In addition, it offers landfill diversion services. The company's services focus on the waste streams and recyclables from big box, grocers, and other retailers; automotive maintenance, quick lube, dealerships, and collision repair; transportation, logistics, and internal fleet operators; manufacturing plants; multi-family and commercial properties; restaurant chains and food operations; and construction and demolition projects. It markets its services to automotive, manufacturing, hospitality and retail, construction and demolition, and commercial and multi-family property management industries through direct sales force and strategic partnerships. The company was formerly known as Infinity Resources Holdings Corp. and changed its name to Quest Resource Holding Corporation in October 2013. Quest Resource Holding Corporation was incorporated in 2002 and is based in The Colony, Texas.

Quest Resource Trading Up 0.4 %

NASDAQ:QRHC traded up $0.02 during mid-day trading on Friday, reaching $4.74. 9,615 shares of the stock were exchanged, compared to its average volume of 43,024. Quest Resource has a one year low of $3.60 and a one year high of $8.30. The stock has a 50 day simple moving average of $4.14 and a 200-day simple moving average of $5.39. The stock has a market cap of $90.36 million, a P/E ratio of -52.66, a P/E/G ratio of 1.17 and a beta of 1.31. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.30 and a quick ratio of 1.30.

Quest Resource (NASDAQ:QRHC - Get Rating) last announced its earnings results on Monday, May 16th. The business services provider reported $0.06 earnings per share for the quarter. Quest Resource had a negative net margin of 0.85% and a positive return on equity of 5.81%. The business had revenue of $71.52 million during the quarter, compared to the consensus estimate of $61.20 million. During the same quarter last year, the firm earned $0.06 earnings per share. On average, analysts anticipate that Quest Resource will post 0.27 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Quest Resource in a report on Monday. They set a "hold" rating on the stock.

Insider Buying and Selling at Quest Resource

In related news, major shareholder Wynnefield Partners Small Cap purchased 12,922 shares of the firm's stock in a transaction on Thursday, June 2nd. The stock was purchased at an average cost of $4.40 per share, with a total value of $56,856.80. Following the completion of the purchase, the insider now owns 1,181,550 shares in the company, valued at approximately $5,198,820. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, major shareholder Wynnefield Partners Small Cap purchased 12,922 shares of the firm's stock in a transaction on Thursday, June 2nd. The stock was purchased at an average cost of $4.40 per share, with a total value of $56,856.80. Following the completion of the purchase, the insider now owns 1,181,550 shares in the company, valued at approximately $5,198,820. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Ronald L. Jr. Miller sold 12,991 shares of Quest Resource stock in a transaction on Tuesday, June 7th. The shares were sold at an average price of $4.70, for a total transaction of $61,057.70. Following the completion of the sale, the director now directly owns 975 shares of the company's stock, valued at $4,582.50. The disclosure for this sale can be found here. Over the last ninety days, insiders purchased 40,447 shares of company stock valued at $167,515 and sold 16,547 shares valued at $76,739. Insiders own 24.76% of the company's stock.