Quest Resource Holding Corp (NASDAQ: QRHC) stock suffered a major decline of -12.7% on 11/8/24. The shares closed at $7.18. Moreover, this decline was accompanied by exceptionally high trading volume at 234% of normal. The stock has performed in line with the market over the last nine months and has declined -8.0% during the last week.
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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Quest Resource Holding has a neutral Power Rating of 49 but a poor Appreciation Score of 25, and the Negative Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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