Quest Resource Holding Corp (NASDAQ:QRHC) Director Jeffrey D. Forte sold 500,000 shares of the business’s stock in a transaction dated Thursday, April 11th. The shares were sold at an average price of $1.50, for a total value of $750,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Shares of NASDAQ:QRHC opened at $2.10 on Wednesday. The stock has a market capitalization of $28.36 million, a PE ratio of -17.50, a price-to-earnings-growth ratio of 6.17 and a beta of 2.07. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.25 and a current ratio of 1.25. Quest Resource Holding Corp has a 1 year low of $1.26 and a 1 year high of $3.10.
Quest Resource (NASDAQ:QRHC) last announced its quarterly earnings data on Thursday, March 14th. The business services provider reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02. The company had revenue of $25.26 million for the quarter, compared to the consensus estimate of $26.74 million. Quest Resource had a negative return on equity of 3.02% and a negative net margin of 2.35%. On average, equities research analysts forecast that Quest Resource Holding Corp will post 0.02 EPS for the current fiscal year.
QRHC has been the topic of a number of recent analyst reports. Roth Capital reissued a “buy” rating on shares of Quest Resource in a research note on Monday. ValuEngine raised Quest Resource from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd. Finally, HC Wainwright reissued a “buy” rating and issued a $4.00 price objective on shares of Quest Resource in a research note on Friday, March 22nd.
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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