Several other equities analysts also recently weighed in on QRHC. Roth Capital restated a buy rating on shares of Quest Resource in a report on Monday, April 15th. HC Wainwright restated a buy rating and set a $4.00 price target on shares of Quest Resource in a report on Thursday, May 16th.
QRHC remained flat at $$2.50 during trading on Thursday. The company’s stock had a trading volume of 13,227 shares, compared to its average volume of 13,523. The company has a 50 day simple moving average of $2.55. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.23 and a current ratio of 1.23. Quest Resource has a twelve month low of $1.26 and a twelve month high of $3.10.
An institutional investor recently raised its position in Quest Resource stock. Deutsche Bank AG lifted its holdings in shares of Quest Resource Holding Corp (NASDAQ:QRHC) by 124.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,185 shares of the business services provider’s stock after buying an additional 11,185 shares during the period. Deutsche Bank AG owned approximately 0.13% of Quest Resource worth $27,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 14.00% of the company’s stock.
Quest Resource Company Profile
Quest Resource Holding Corporation, through its subsidiaries, provides solutions for the reuse, recycle, and dispose various waste streams and recyclables in the United States. The company offers recycling and waste management services for motor oil, oil filters, scrap tires, grease and cooking oil, food waste, and expired food products; and various other materials, such as glass, cardboard, paper, and metal, as well as hazardous materials, plastics, construction debris, batteries, mercury, lights, regulated waste, electronic devices, and industrial cleaning products.
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