Shares of Quest Resource Holding Co. (NASDAQ:QRHC - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.16 and traded as low as $6.40. Quest Resource shares last traded at $6.51, with a volume of 71,097 shares.
Analyst Ratings Changes
A number of analysts recently weighed in on QRHC shares. Northland Securities started coverage on shares of Quest Resource in a research report on Tuesday, September 17th. They issued an "outperform" rating and a $12.50 price objective on the stock. StockNews.com upgraded Quest Resource from a "sell" rating to a "hold" rating in a report on Tuesday, November 19th. Finally, Northland Capmk raised Quest Resource to a "strong-buy" rating in a research report on Tuesday, September 17th.
Check Out Our Latest Analysis on Quest Resource
Quest Resource Price Performance
The firm has a market capitalization of $122.91 million, a P/E ratio of -16.13, a P/E/G ratio of 4.97 and a beta of 0.62. The stock's fifty day simple moving average is $7.46 and its 200 day simple moving average is $8.16. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.52 and a quick ratio of 1.52.
Institutional Trading of Quest Resource
Hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp purchased a new stake in Quest Resource in the second quarter valued at about $406,000. Privium Fund Management B.V. boosted its stake in Quest Resource by 72.6% in the 2nd quarter. Privium Fund Management B.V. now owns 18,900 shares of the business services provider's stock worth $168,000 after purchasing an additional 7,950 shares in the last quarter. Rhumbline Advisers acquired a new position in Quest Resource during the 2nd quarter valued at approximately $145,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Quest Resource in the second quarter worth $34,000. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Quest Resource by 4.9% during the second quarter. Dimensional Fund Advisors LP now owns 168,717 shares of the business services provider's stock worth $1,484,000 after buying an additional 7,945 shares during the period. Hedge funds and other institutional investors own 48.16% of the company's stock.
Quest Resource Company Profile
(
Get Free Report)
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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