Quest Resource Holding Corp (NASDAQ: QRHC) Is A Safe Investment Now, Isn’t It?

Quest Resource Holding Corp (NASDAQ:QRHC) shares, rose in value on Thursday, April 16, with the stock price up by 8.70% to the previous day’s close as strong demand from buyers drove the stock to $2.25.

Actively observing the price movement in the last trading, the stock closed the session at $2.07, falling within a range of $1.91 and $2.27. The value of beta (5-year monthly) was 0.471. Referring to stock’s 52-week performance, its high was $10.85, and the low was $2.07. On the whole, QRHC has fluctuated by -26.23% over the past month.

With the market capitalization of Quest Resource Holding Corp currently standing at about $46.37 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-11.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 304.24M, with a low estimate of 71.1M and a high estimate of 73.1M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 72.04M.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that QRHC’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the price of QRHC currently trading nearly -12.72% and -37.35% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 34.91, while the 7-day volatility ratio is showing 11.63% which for the 30-day chart, stands at 9.42%. Furthermore, Quest Resource Holding Corp (QRHC)’s beta value is 0.64, and its average true range (ATR) is 0.27.

A comparison of Quest Resource Holding Corp (QRHC) with its peers suggests the former has fared considerably weaker in the market. QRHC showed an intraday change of 8.70% in last session, and over the past year, it shrunk by -74.55%%.

Data on historical trading for Quest Resource Holding Corp (NASDAQ:QRHC) indicates that the trading volumes over the past 10 days have averaged 0.11 and over the past 3 months, they’ve averaged 89.95K. According to company’s latest data on outstanding shares, there are 20.61 million shares outstanding.

Nearly 19.97% of Quest Resource Holding Corp’s shares belong to company insiders and institutional investors own 57.56% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.47 million shares as on 2025-03-31, resulting in a short ratio of 3.87. According to the data, the short interest in Quest Resource Holding Corp (QRHC) stood at 498.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.36 million. The stock has fallen by -65.38% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the QRHC stock heading into the next quarter.

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