In the past week, QRHC stock has gone down by -12.59%, with a monthly decline of -11.03% and a quarterly plunge of -33.22%. The volatility ratio for the week is 6.13%, and the volatility levels for the last 30 days are 4.10% for Quest Resource Holding Corp The simple moving average for the past 20 days is -13.95% for QRHC’s stock, with a -28.69% simple moving average for the past 200 days.
Is It Worth Investing in Quest Resource Holding Corp (NASDAQ: QRHC) Right Now?
Company’s 36-month beta value is 0.67.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for QRHC is 17.59M, and currently, short sellers hold a 1.52% ratio of that floaft. The average trading volume of QRHC on December 20, 2024 was 46.83K shares.
QRHC) stock’s latest price update
Quest Resource Holding Corp (NASDAQ: QRHC)’s stock price has gone decline by -8.29 in comparison to its previous close of 6.51, however, the company has experienced a -12.59% decrease in its stock price over the last five trading days. globenewswire.com reported 2024-12-17 that Quest’s turnkey waste and recycling solutions to be implemented across Stonebriar Auto Services’ facilities. Quest’s turnkey waste and recycling solutions to be implemented across Stonebriar Auto Services’ facilities.
Analysts’ Opinion of QRHC
Many brokerage firms have already submitted their reports for QRHC stocks, with Northland Capital repeating the rating for QRHC by listing it as a “Outperform.” The predicted price for QRHC in the upcoming period, according to Northland Capital is $12.50 based on the research report published on September 17, 2024 of the current year 2024.
Craig Hallum, on the other hand, stated in their research note that they expect to see QRHC reach a price target of $13. The rating they have provided for QRHC stocks is “Buy” according to the report published on February 14th, 2022.
Rodman & Renshaw gave a rating of “Buy” to QRHC, setting the target price at $5 in the report published on March 06th of the previous year.
QRHC Trading at -19.67% from the 50-Day Moving Average
After a stumble in the market that brought QRHC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.98% of loss for the given period.
Volatility was left at 4.10%, however, over the last 30 days, the volatility rate increased by 6.13%, as shares sank -13.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.20% lower at present.
During the last 5 trading sessions, QRHC fell by -12.59%, which changed the moving average for the period of 200-days by -14.35% in comparison to the 20-day moving average, which settled at $6.94. In addition, Quest Resource Holding Corp saw -18.55% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at QRHC starting from Dunning Audrey, who purchase 1,400 shares at the price of $6.71 back on Nov 20 ’24. After this action, Dunning Audrey now owns 15,576 shares of Quest Resource Holding Corp, valued at $9,399 using the latest closing price.
Hatch S. Ray, the President and CEO of Quest Resource Holding Corp, purchase 2,817 shares at $7.17 during a trade that took place back on Nov 12 ’24, which means that Hatch S. Ray is holding 44,149 shares at $20,189 based on the most recent closing price.
Stock Fundamentals for QRHC
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.15 for the gross margin
The net margin for Quest Resource Holding Corp stands at -0.03. The total capital return value is set at 0.02. Equity return is now at value -12.09, with -4.52 for asset returns.
Based on Quest Resource Holding Corp (QRHC), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at -0.13. The debt to equity ratio resting at 1.16. The interest coverage ratio of the stock is 0.31.
Currently, EBITDA for the company is 13.11 million with net debt to EBITDA at 5.81. When we switch over and look at the enterprise to sales, we see a ratio of 0.68. The receivables turnover for the company is 4.79for trailing twelve months and the total asset turnover is 1.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.52.
Conclusion
In a nutshell, Quest Resource Holding Corp (QRHC) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
