Shares of QRHC opened at $2.54 on Tuesday. The firm has a market capitalization of $39.55 million, a PE ratio of -21.17 and a beta of 1.34. The company’s 50-day moving average is $2.39 and its 200-day moving average is $2.49. Quest Resource has a fifty-two week low of $1.26 and a fifty-two week high of $3.10. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.30 and a quick ratio of 1.30.
Several hedge funds have recently made changes to their positions in QRHC. Wynnefield Capital Inc. raised its holdings in Quest Resource by 38.9% in the 2nd quarter. Wynnefield Capital Inc. now owns 1,615,718 shares of the business services provider’s stock valued at $4,475,000 after acquiring an additional 452,123 shares during the period. Skylands Capital LLC bought a new stake in Quest Resource in the 2nd quarter valued at $1,163,000. Renaissance Technologies LLC grew its holdings in Quest Resource by 3.5% in the 2nd quarter. Renaissance Technologies LLC now owns 277,824 shares of the business services provider’s stock valued at $770,000 after buying an additional 9,441 shares in the last quarter. River & Mercantile Asset Management LLP acquired a new position in Quest Resource in the 2nd quarter valued at $688,000. Finally, First Wilshire Securities Management Inc. acquired a new position in Quest Resource in the 2nd quarter valued at $554,000. 31.27% of the stock is owned by institutional investors and hedge funds.
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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