Why Quest Resource Holding Corp (NASDAQ:QRHC) Dips Further?


Dallas, Texas 07/07/2015 (Financialstrend) – Quest Resource Holding Corp (NASDAQ:QRHC) the recycling and household products and materials management company, had it tough at the stock markets on Monday. The decline carries forward from its Friday’s trading sessions. The share prices had reached a new 52-weeklow on July 2, at $1.01 per share. The company designs technical solutions for several businesses to manage their waste streams locally as well as nation-wide, via a single nodal contact.

The diversified media it holds in the domain of recycling of products, used materials are several, and include – Earth911, Inc, Landfill Diversion Innovations, LLC as well as YouChange Inc.  It also instructs and informs via social media, giving everyday citizens and businesses better waste stream management solutions and insight.

At a latest industry event in London on June 25, 2015 at the ROTH Cleantech Day, the company showcased its operating strategy as well as developments which ensure the company’s growth.

In its latest financial earnings for the quarter, the company reported EPS which was in-line with expectations, while its revenue expectations had missed.

Quest Resource Holding Corp (NASDAQ:QRHC) sustainability programs are designed for easy execution for diverse companies. Its core expertise as a digital resource for low-waste lifestyle management has a winning following, over social media.

Quest Resource Holding Corp, in early June, acquired a major auto dealership group as one of its clients. The dealer group with 81 new locations in over 10 states will benefit from Quest’s recycling solutions.

Used motor oil as well as various automotive waste streams, like drummed waste or antifreeze as well as oil filters and oily water will now be recycled using Quest’s resources. Besides, Quest Resource Holding Corp (NASDAQ:QRHC) will also contribute in managing cleaner requirements of the automotive dealership group. Quest Resource Holding Corp latest partnership makes it the fourth of the top-10 automotive dealers to be handled by Quest.

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