Overall market sentiment has been high on Quest Resource Holding Corp (QRHC) stock lately. QRHC receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Quest Resource Holding Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on QRHC!
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With QRHC Stock Today?
Quest Resource Holding Corp (QRHC) stock has gained 16.46% while the S&P 500 is lower by -0.06% as of 11:40 AM on Wednesday, Dec 8. QRHC has gained $0.93 from the previous closing price of $5.65 on volume of 101,933 shares. Over the past year the S&P 500 is higher by 26.87% while QRHC has gained 222.55%. QRHC earned $0.12 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 55.83.
More About Quest Resource Holding Corp
Quest Resource Holding Corporation is a provider of waste management solutions. The company's reuse, recycling, and proper disposal management programs are designed to enable regional and national customers to have a single point of contact for managing a variety of waste streams and recyclables. It also sells products such as antifreeze and windshield washer fluid as well as minor ancillary services. The company generates a majority of its revenue from the provision of the services.
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