Quest Resource Holding Corporation (NASDAQ:QRHC) produced a 97.09% rally since recording the worst price of $1.03. Thanks to the latest 73.5% increase, it now trades at $2.03. Throughout the trading on 11/15/2017, the share price floated between $1.46 and $2.91. This company shares are 195.57% off its target price of $6 and the current market capitalization stands at $30.53M. The recent change has given its price a 61.47% lead over SMA 50 and -32.33% deficit over its 52-week high. The stock witnessed 52.63% gains, 32.68% gains and -30% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found QRHC’s volatility during a week at 26.64% and during a month it has been found around 12.38%.Quest Resource Holding Corporation (QRHC) Top Holders
Institutional investors currently hold around $2 million or 12.9% in QRHC stock. Look at its top three institutional owners. Wynnefield Capital Inc owns $1.44 million in Quest Resource Holding Corporation, which represents roughly 4.71% of the company’s market cap and approximately 71.95% of the institutional ownership. Similar statistics are true for the second largest owner, Renaissance Technologies Llc, which owns 140,951 shares of the stock are valued at $165 thousand. The third largest holder is Wolverine Asset Management Llc, which currently holds $98 thousand worth of this stock and that ownership represents nearly 0.32% of its market capitalization.
At the end of 09/30/2017 reporting period, 9 institutional holders increased their position in Quest Resource Holding Corporation (NASDAQ:QRHC) by some 282,679 shares, 3 decreased positions by 600,654 and 3 held positions by 755,432. That puts total institutional holdings at 1,638,765 shares, according to SEC filings. The stock grabbed 5 new institutional investments totaling 59,497 shares while 1 institutional investors sold out their entire positions totaling 1 shares.Quest Resource Holding Corporation (NASDAQ:QRHC) Insider Trades
Multiple company employees have indulged in significant insider trading. Quest Resource Holding Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Sweitzer David P has acquired 2,000 shares of Quest Resource Holding Corporation (QRHC) in trading session dated Aug. 29, 2017. These shares are worth $2,560 and were traded at $1.28 each. The SEC filing shows that Hatch S. Ray performed a purchase of 3,425 shares. The President and CEO added these shares by way of transaction on Aug. 22, 2017. The company’s shares were assimilated at $1.54 per share worth to an investment of some $5,275 on account of Hatch S. Ray.
Director, 10% Owner, Saltz Mitchell A, sold 11,134 common shares of Quest Resource Holding Corporation (QRHC) in the open market. In a transaction dated Apr. 24, 2017, the shares were put up for sale at an average price of $2.54, raking in a sum of $28,280. After this sale, 5,651,549 common shares of QRHC are directly owned by the insider, with total stake valued at $11,472,644.
In the transaction dated Apr. 21, 2017, the great number of shares disposed came courtesy the Director, 10% Owner; Saltz Mitchell A disposed a total of 9,400 shares at an average price of $2.57, amounting to approximately $24,158. The insider now directly owns 5,662,683 shares worth $11,495,246.Quest Resource Holding Corporation (QRHC) Analyst Guide
Not many analysts have released their opinion on Quest Resource Holding Corporation (NASDAQ:QRHC), with 2 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1 average brokerage recommendation.