Quest Resource Gets a Buy Rating from Roth Capital

By Carrie Williams

Roth Capital analyst Gerry Sweeney reiterated a Buy rating on Quest Resource (NASDAQ: QRHC) today and set a price target of $6. The company’s shares opened today at $3.

According to TipRanks.com, Sweeney is a 4-star analyst with an average return of 4.8% and a 51.0% success rate. Sweeney covers the Industrial Goods sector, focusing on stocks such as Nuverra Environmental Solutions Inc, Dynamic Materials Corp, and Heritage-Crystal Clean.

Quest Resource has an analyst consensus of Moderate Buy, with a price target consensus of $5.50.

The company has a one year high of $3.60 and a one year low of $1.60. Currently, Quest Resource has an average volume of 27.19K.

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Quest Resource Holding Corp. engages in the provision of management programs on how to reuse, recycle, and dispose a variety of waste streams and recyclables to businesses. Its services focus on the waste streams and recyclables from big box, food chain, and other retailers; automotive and fleet providers; hospital and other healthcare facilities; and commercial, industrial, residential, and educational properties. The company was founded by Jeffrey I. Rassas on August 22, 2008 and is headquartered in The Colony, TX.