On 4/3/24, Quest Resource Holding Corp (NASDAQ: QRHC) stock enjoyed a major increase of 13.2%, closing at $9.27. Moreover, this advance was accompanied by exceptionally high trading volume at 231% of normal. The stock has performed in line with the market over the last nine months and has risen 12.4% during the last week.
Current PriceTarget Research Rating
QRHC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
Quest Resource Holding has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Quest Resource Holding has a neutral Power Rating of 46 and a slightly negative Appreciation Score of 30, with the Negative Value Trend Rating the result.
Rating Review
In light of this very positive 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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