Quest Resource (QRHC) Expected to Announce Earnings on Tuesday

Quest Resource (NASDAQ:QRHC) is anticipated 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 Price Performance

Shares of Quest Resource stock opened at $4.47 on Tuesday. The company has a market cap of $92.03 million, a PE ratio of -12.08, a P/E/G ratio of 0.76 and a beta of 0.66. The business has a 50 day moving average of $5.52 and a 200 day moving average of $7.03. Quest Resource has a 52 week low of $4.31 and a 52 week high of $10.85. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 1.15.

Institutional Investors Weigh In On Quest Resource

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 the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,356 shares of the business services provider’s stock after acquiring an additional 4,104 shares during the period. 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.

Analyst Upgrades and Downgrades

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