HC Wainwright set a $5.00 price target on Quest Resource Holding Co. (NASDAQ:QRHC) in a report published on Wednesday. The firm currently has a buy rating on the business services provider’s stock.

Separately, ValuEngine cut shares of Quest Resource Holding from a sell rating to a strong sell rating in a report on Friday, September 1st.

Quest Resource Holding (QRHC) traded up $0.12 during trading on Wednesday, hitting $2.04. 286,233 shares of the stock traded hands, compared to its average volume of 289,526. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.10. Quest Resource Holding has a twelve month low of $1.03 and a twelve month high of $3.00.

Quest Resource Holding (NASDAQ:QRHC) last posted its quarterly earnings data on Tuesday, November 14th. The business services provider reported ($0.07) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.07). The business had revenue of $31.93 million during the quarter, compared to analysts’ expectations of $33.77 million. Quest Resource Holding had a negative net margin of 3.38% and a negative return on equity of 6.77%. sell-side analysts anticipate that Quest Resource Holding will post -0.35 EPS for the current fiscal year.

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A hedge fund recently raised its stake in Quest Resource Holding stock. Renaissance Technologies LLC increased its stake in Quest Resource Holding Co. (NASDAQ:QRHC) by 27.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,151 shares of the business services provider’s stock after acquiring an additional 17,700 shares during the period. Renaissance Technologies LLC owned approximately 0.54% of Quest Resource Holding worth $195,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 12.88% of the company’s stock.

About Quest Resource Holding

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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