Quest Resource Holding Co. (NASDAQ: QRHC – Get Rating) major shareholder Wynnefield Partners Small Cap acquired 4,150 shares of the firm’s stock in a transaction on Tuesday, June 14th. The shares were bought at an average cost of $ 3.85 per share, for a total transaction of $ 15,977.50. Following the completion of the acquisition, the insider now directly owns 1,202,529 shares of the company stock, valued at approximately $ 4,629,736.65. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company stock are required to disclose their transactions with the SEC.
Wynnefield Partners Small Cap also recently made the following trade (s):
- On Monday, June 6th, Wynnefield Partners Small Cap bought 1,632 shares of Quest Resource stock. The stock was acquired at an average cost of $ 4.35 per share, for a total transaction of $ 7,099.20.
- On Thursday, June 2nd, Wynnefield Partners Small Cap bought 12,922 shares of Quest Resource stock. The stock was acquired at an average cost of $ 4.40 per share, for a total transaction of $ 56,856.80.
- On Wednesday, May 25th, Wynnefield Partners Small Cap acquired 2,608 shares of Quest Resource stock. The stock was bought at an average price of $ 4.40 per share, with a total value of $ 11,475.20.
- On Monday, May 9th, Wynnefield Partners Small Cap acquired 44,887 shares of Quest Resource stock. The stock was bought at an average price of $ 4.90 per share, with a total value of $ 219,946.30.
- On Wednesday, April 6th, Wynnefield Partners Small Cap acquired 669 shares of Quest Resource stock. The stock was bought at an average price of $ 6.14 per share, with a total value of $ 4,107.66.
- On Monday, April 4th, Wynnefield Partners Small Cap acquired 3,596 shares of Quest Resource stock. The stock was bought at an average price of $ 6.14 per share, with a total value of $ 22,079.44.
- On Thursday, March 31st, Wynnefield Partners Small Cap bought 774 shares of Quest Resource stock. The shares were acquired at an average price of $ 6.13 per share, with a total value of $ 4,744.62.
- On Friday, March 25th, Wynnefield Partners Small Cap bought 1,464 shares of Quest Resource stock. The shares were acquired at an average price of $ 6.23 per share, with a total value of $ 9,120.72.
- On Wednesday, March 23rd, Wynnefield Partners Small Cap bought 5,855 shares of Quest Resource stock. The shares were acquired at an average price of $ 6.25 per share, with a total value of $ 36,593.75.
Shares of QRHC stock opened at $ 3.65 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.30 and a quick ratio of 1.30. Quest Resource Holding Co. has a 12-month low of $ 3.60 and a 12-month high of $ 8.30. The firm has a fifty day moving average of $ 5.05 and a 200-day moving average of $ 5.97.
Quest Resource (NASDAQ: QRHC – Get Rating) last announced its earnings results on Monday, May 16th. The business services provider reported $ 0.06 earnings per share for the quarter. The firm had revenue of $ 71.52 million during the quarter, compared to analyst estimates of $ 61.20 million. Quest Resource had a negative net margin of 0.85% and a positive return on equity of 5.81%. During the same period in the prior year, the business earned $ 0.06 EPS. Equities analysts predict that Quest Resource Holding Co. will post 0.27 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wynnefield Capital Inc. boosted its stake in shares of Quest Resource by 2.7% during the 1st quarter. Wynnefield Capital Inc. now owns 2,363,763 shares of the business services provider’s stock worth $ 14,537,000 after buying an additional 62,000 shares during the last quarter. State Street Corp boosted its stake in shares of Quest Resource by 14.2% during the 1st quarter. State Street Corp now owns 43,947 shares of the business services provider’s stock worth $ 270,000 after buying an additional 5,462 shares during the last quarter. EAM Investors LLC boosted its stake in shares of Quest Resource by 1.3% during the 1st quarter. EAM Investors LLC now owns 191,912 shares of the business services provider’s stock worth $ 1,180,000 after buying an additional 2,514 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Quest Resource by 14.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 110,543 shares of the business services provider’s stock worth $ 680,000 after buying an additional 14,040 shares during the last quarter. Finally, First Eagle Investment Management LLC boosted its stake in shares of Quest Resource by 93.9% during the 1st quarter. First Eagle Investment Management LLC now owns 133,438 shares of the business services provider’s stock worth $ 821,000 after buying an additional 64,609 shares during the last quarter. 41.89% of the stock is owned by hedge funds and other institutional investors.
Several equities analysts have recently issued reports on QRHC shares. StockNews.com started coverage on shares of Quest Resource in a report on Monday, June 13th. They issued a “hold” rating for the company. Roth Capital reissued a “buy” rating on shares of Quest Resource in a report on Friday, March 18th. Finally, HC Wainwright reissued a “buy” rating on shares of Quest Resource in a report on Friday, March 18th.
About Quest Resource: (Get Rating)
Quest Resource Holding Corporation, together with its subsidiaries, provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States. It offers disposal and recycling services for motor oil and automotive lubricants, oil filters, scrap tires, oily water, goods destruction, food waste, meat renderings, cooking oil and grease trap waste, plastics, cardboard, metal, glass, mixed paper, construction debris, as well as a large variety of regulated and non-regulated solid, liquid, and gas wastes.
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