Quest Resource (QRHC) Projected to Post Quarterly Earnings on Wednesday

Quest Resource (NASDAQ:QRHC) will likely 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 that wish to register for the company’s conference call can do so using this link.

Quest Resource Stock Performance

NASDAQ:QRHC opened at $4.13 on Tuesday. 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 fifty day moving average of $5.36 and a two-hundred day moving average of $6.90. The stock has a market capitalization of $85.03 million, a PE ratio of -11.16, a P/E/G ratio of 0.76 and a beta of 0.66. Quest Resource has a fifty-two week low of $4.06 and a fifty-two week high of $10.85.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Quest Resource stock. Bank of America Corp DE raised its stake in Quest Resource Holding Co. (NASDAQ:QRHC) by 36.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund 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 SEC filing. Institutional investors own 48.16% of the company’s stock.

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.

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.