Here’s why Citi says crypto prices have been weak recently
Quest Resource Holding Corp (NASDAQ:QRHC) announced Monday that David P. Sweitzer, Chief Operating Officer and Executive Vice President, has resigned from his positions effective the same day. The company, whose stock has declined over 85% in the past year and currently trades at $1.29, also reported the appointment of Felipe Garcia as Senior Vice President of Key Accounts, effective Tuesday.
According to a statement in the SEC filing, Mr. Garcia will be responsible for leading all customer teams, advancing the company’s value proposition, and developing strategic relationships with key customers. He brings more than twelve years of executive leadership experience in key account management and business development from Republic Services Group, as well as senior executive roles in the facility maintenance industry. Mr. Garcia will report to Chief Executive Officer Perry Moss.
Quest Resource Holding Corp is incorporated in Nevada and is headquartered in The Colony, Texas. The information in this article is based on a statement in the company’s SEC filing.
In other recent news, Quest Resource Holding Corporation has reported its second-quarter 2025 financial results, revealing a notable shortfall in both earnings and revenue. The company’s revenue was reported at $59.5 million, which fell short of the anticipated $72.56 million. Additionally, Quest Resource’s earnings per share (EPS) were -$0.04, missing the forecasted $0.05 by a significant margin. This financial performance prompted Northland to downgrade Quest Resource from Outperform to Market Perform, lowering the price target to $2.25. Northland’s estimates had initially projected revenue of $74.7 million and adjusted EBITDA of $4.2 million, both of which were not met. These developments have raised concerns among investors regarding Quest Resource’s financial health and future prospects. Such a performance has led to a reevaluation of the company’s market expectations by analysts.
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