Mark Duff Buys 1,250 Shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) Stock

Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) CEO Mark Duff purchased 1,250 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The stock was acquired at an average cost of $10.23 per share, for a total transaction of $12,787.50. Following the completion of the purchase, the chief executive officer now owns 112,202 shares of the company’s stock, valued at approximately $1,147,826.46. The acquisition was disclosed in a filing with the SEC, which is available at this link.

Perma-Fix Environmental Services Stock Down 1.8 %

NASDAQ PESI opened at $9.72 on Friday. The business’s fifty day simple moving average is $10.44 and its 200-day simple moving average is $10.49. The company has a quick ratio of 1.52, a current ratio of 1.56 and a debt-to-equity ratio of 0.05. The firm has a market cap of $153.58 million, a PE ratio of -48.60 and a beta of 0.49. Perma-Fix Environmental Services, Inc. has a 52 week low of $6.51 and a 52 week high of $14.17.

Perma-Fix Environmental Services (NASDAQ:PESI) last released its quarterly earnings data on Thursday, August 8th. The industrial products company reported ($0.26) earnings per share (EPS) for the quarter. The firm had revenue of $13.99 million for the quarter. Perma-Fix Environmental Services had a negative return on equity of 15.78% and a negative net margin of 9.82%.

Analyst Ratings Changes

A number of analysts have commented on PESI shares. StockNews.com downgraded shares of Perma-Fix Environmental Services from a “hold” rating to a “sell” rating in a report on Monday, May 27th. Craig Hallum assumed coverage on Perma-Fix Environmental Services in a research report on Monday, June 3rd. They issued a “buy” rating and a $18.00 price target for the company.

Hedge Funds Weigh In On Perma-Fix Environmental Services

Several large investors have recently made changes to their positions in PESI. Marshall Wace LLP acquired a new position in shares of Perma-Fix Environmental Services in the second quarter valued at approximately $110,000. Rhumbline Advisers acquired a new position in Perma-Fix Environmental Services during the 2nd quarter worth approximately $134,000. Fermata Advisors LLC increased its holdings in Perma-Fix Environmental Services by 22.9% in the second quarter. Fermata Advisors LLC now owns 15,086 shares of the industrial products company’s stock valued at $153,000 after buying an additional 2,811 shares during the last quarter. Quadrature Capital Ltd increased its holdings in shares of Perma-Fix Environmental Services by 11.6% in the 4th quarter. Quadrature Capital Ltd now owns 34,029 shares of the industrial products company’s stock valued at $267,000 after acquiring an additional 3,545 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in Perma-Fix Environmental Services during the second quarter worth approximately $338,000. 25.52% of the stock is currently owned by institutional investors and hedge funds.

About Perma-Fix Environmental Services

Perma-Fix Environmental Services, Inc, through its subsidiaries, operates as an environmental and technology know-how company in the United States. The company through Treatment and Services segments. The Treatment segment offers nuclear, low-level radioactive, mixed waste, hazardous and non-hazardous waste treatment, and processing and disposal services through treatment and storage facilities.