Quest Resource Holding Corp. (QRHC) Lowered to Sell at Zacks Investment Research
Quest Resource Holding Corp. (NASDAQ:QRHC) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Tuesday.
According to Zacks, “Quest Resource Holding Corporation is an environmental consulting and management company. It offers programs for recycling motor oil, oil filters, scrap tires, grease and cooking oil, expired food products, glass, cardboards, paper, metals, plastic oil bottles, hazardous materials, high density polyethylene plastics, organics, construction debris, batteries, mercury, lights, regulated medical waste, electronics, parts cleaners, used absorbents and solid waste; industrial cleaning services; landfill diversion services; equipment and installation services; environmental certification services and sustainability programs. The company serves fleet, manufacturing, hospital, retailer and commercial property industries as well as universities. Quest Resource Holding Corporation is based in Frisco, Texas. “
Separately, Roth Capital reaffirmed a “buy” rating and issued a $6.00 price target on shares of Quest Resource Holding Corp. in a research report on Thursday, August 18th.
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Shares of Quest Resource Holding Corp. (NASDAQ:QRHC) opened at 2.13 on Tuesday. Quest Resource Holding Corp. has a 52-week low of $1.68 and a 52-week high of $7.28. The firm’s market cap is $31.62 million. The company has a 50 day moving average price of $2.19 and a 200-day moving average price of $2.82.
Quest Resource Holding Corp. (NASDAQ:QRHC) last announced its quarterly earnings results on Monday, August 15th. The company reported ($0.14) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by $0.13. Quest Resource Holding Corp. had a negative net margin of 4.83% and a negative return on equity of 12.40%. On average, analysts expect that Quest Resource Holding Corp. will post ($0.51) earnings per share for the current fiscal year.
About Quest Resource Holding Corp.
Quest Resource Holding Corporation (QRHC) provides businesses with one-stop management programs to reuse, recycle and dispose of a range of waste streams and recyclables generated by their businesses and operate social media and online data platforms that contain information and instructions to recycle or properly dispose of household products and materials.
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