Quest Resource Holding Corp. (QRHC) Shares Gap Up to $0.32
Quest Resource Holding Corp. (NASDAQ:QRHC) gapped up before the market opened on Thursday . The stock had previously closed at ($1.93), but opened at $0.32. Quest Resource Holding Corp. shares last traded at $2.78, with a volume of 17,344 shares changing hands.
Separately, Zacks Investment Research downgraded Quest Resource Holding Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, May 19th.
The company’s 50 day moving average price is $2.51 and its 200 day moving average price is $3.59. The company’s market capitalization is $327.55 million.
Quest Resource Holding Corp. (NASDAQ:QRHC) last announced its quarterly earnings results on Monday, May 16th. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by $0.01. The business had revenue of $45.80 million for the quarter, compared to analysts’ expectations of $40 million. Analysts forecast that Quest Resource Holding Corp. will post ($1.25) earnings per share for the current fiscal year.
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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