Somewhat Favorable News Coverage Somewhat Unlikely to Impact Quest Resource (QRHC) Stock Price

News coverage about Quest Resource (NASDAQ:QRHC) has been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Quest Resource earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned news stories about the business services provider an impact score of 45.4935928758418 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of Quest Resource (NASDAQ:QRHC) opened at $2.39 on Wednesday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.11. The company has a market cap of $37.29, a price-to-earnings ratio of -6.46, a P/E/G ratio of 8.13 and a beta of 3.23. Quest Resource has a 52-week low of $1.03 and a 52-week high of $3.00.

Quest Resource (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 Thomson Reuters’ consensus estimate of ($0.07). The business had revenue of $31.93 million for the quarter, compared to the consensus estimate of $33.77 million. Quest Resource had a negative net margin of 3.47% and a negative return on equity of 8.57%. equities analysts expect that Quest Resource will post -0.34 EPS for the current year.

A number of equities research analysts recently commented on QRHC shares. ValuEngine cut shares of Quest Resource from a “sell” rating to a “strong sell” rating in a research report on Friday, December 1st. HC Wainwright set a $5.00 price objective on shares of Quest Resource and gave the stock a “buy” rating in a research note on Wednesday, November 15th.

In other Quest Resource news, Director Mitchell A. Saltz sold 150,000 shares of Quest Resource stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $1.93, for a total transaction of $289,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Mitchell A. Saltz sold 56,000 shares of Quest Resource stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $2.02, for a total transaction of $113,120.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 341,720 shares of company stock valued at $675,896. 50.15% of the stock is owned by company insiders.

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About Quest Resource

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.

Insider Buying and Selling by Quarter for Quest Resource (NASDAQ:QRHC)

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