Quest Resource (QRHC) Expected to Announce Earnings on Tuesday

Quest Resource (NASDAQ:QRHC) is projected to post its quarterly earnings results before the market opens on Tuesday, March 11th. Analysts expect Quest Resource to post earnings of ($0.06) per share and revenue of $73.63 million for the quarter.

Quest Resource Trading Down 2.2 %

NASDAQ QRHC opened at $4.47 on Tuesday. Quest Resource has a 12 month low of $4.31 and a 12 month high of $10.85. The stock has a market cap of $92.03 million, a P/E ratio of -12.08, a P/E/G ratio of 0.76 and a beta of 0.66. The stock’s fifty day moving average price is $5.52 and its 200-day moving average price is $7.03. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 1.15.

Institutional Investors Weigh In On Quest Resource

A hedge fund recently raised its stake in Quest Resource stock. Bank of America Corp DE lifted its holdings in shares of Quest Resource Holding Co. (NASDAQ:QRHC) by 36.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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 approximately 0.07% of Quest Resource worth $100,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 48.16% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised Quest Resource from a “sell” rating to a “hold” rating in a research 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.