Quest Resource Holding Corp (NASDAQ: QRHC). Meaningful negative changes in fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Significant negative changes in investment behavior have recently occurred for Quest Resource Holding Corp (NASDAQ: QRHC): negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
QRHC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be an important Value Builder.
Quest Resource Holding has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Quest Resource Holding has a poor Appreciation Score of 23 but a very high Power Rating of 90, triggering the Neutral Value Trend Rating.
Recent Price Action
On 9/6/24, Quest Resource Holding Corp (NASDAQ: QRHC) stock declined by -2.1%, closing at $8.48. However, trading volume in this decline was below average at 80% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -3.1% during the last week.
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