Quest Resource (QRHC) Projected to Post Earnings on Wednesday

Quest Resource (NASDAQ:QRHC - Get Free Report) 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. Parties interested in listening to the company's conference call can do so using this link.

Quest Resource Price Performance

Shares of QRHC traded down $0.18 during trading hours on Friday, hitting $4.44. 61,715 shares of the company were exchanged, compared to its average volume of 58,155. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 1.15. Quest Resource has a fifty-two week low of $4.31 and a fifty-two week high of $10.85. The company has a market cap of $91.41 million, a price-to-earnings ratio of -12.00, a P/E/G ratio of 0.76 and a beta of 0.66. The firm's fifty day moving average is $5.44 and its 200 day moving average is $6.97.

Hedge Funds Weigh In On Quest Resource

A hedge fund recently raised its stake in Quest Resource stock. Bank of America Corp DE lifted its stake in shares of Quest Resource Holding Co. (NASDAQ:QRHC - Free Report) by 36.5% in the 4th quarter, according to its most recent Form 13F 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 period. Bank of America Corp DE owned about 0.07% of Quest Resource worth $100,000 as of its most recent SEC filing. 48.16% of the stock is currently owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

Separately, StockNews.com raised shares of Quest Resource from a "sell" rating to a "hold" rating in a report on Tuesday, November 19th.

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.