Analyst Rating Update on Quest Resource Holding Corporation. (QRHC)

Quest Resource Holding Corporation. (NASDAQ:QRHC) : 3 brokerage houses believe that Quest Resource Holding Corporation. (NASDAQ:QRHC) is a Strong Buy at current levels. Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 3 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.

Quest Resource Holding Corporation. (NASDAQ:QRHC) : The highest short term price target forecast on Quest Resource Holding Corporation. (NASDAQ:QRHC) is $2 and the lowest target price is $1. A total of 3 equity analysts are currently covering the company. The average price of all the analysts is $1.43 with a standard deviation of $0.4.

For the current week, the company shares have a recommendation consensus of Buy.

Quest Resource Holding Corporation. (NASDAQ:QRHC): On Tuesdays trading session , Opening price of the stock was $0.386 with an intraday high of $0.395. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $0.36. However, the stock managed to close at $0.375, a loss of 2.50% for the day. On the previous day, the stock had closed at $0.3846. The total traded volume of the day was 682,967 shares.

In an insider trading activity, Hatch S. Ray, CEO of Quest Resource Holding Corp had purchased 12,820 shares on May 24, 2016 in a transaction. The price per share was $0.43 and the total amount of the disclosed transaction was $5,513.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

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. The Companys reuse, recycling and disposal management programs are designed to enable regional and national customers to have a single point of contact for managing a range of waste streams and recyclables. The Companys directory of local recycling and disposal options provides guidance for the recycling or disposal of a range of household products and materials, including the why, where, and how of recycling. The Companys subsidiaries include Earth911, Inc., Quest Resource Management Group, LLC, Landfill Diversion Innovations, LLC and Youchange, Inc.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.