Perma-Fix Environmental Services (NASDAQ:PESI) Upgraded at StockNews.com

StockNews.com upgraded shares of Perma-Fix Environmental Services (NASDAQ:PESI) to a sell rating in a research report report published on Friday.

Perma-Fix Environmental Services Trading Up 10.6 %

Shares of NASDAQ:PESI opened at $14.84 on Friday. The stock has a market capitalization of $234.47 million, a price-to-earnings ratio of -29.68 and a beta of 0.48. Perma-Fix Environmental Services has a 1-year low of $6.51 and a 1-year high of $16.25. The company has a 50 day moving average price of $12.30 and a 200 day moving average price of $11.25. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.52 and a current ratio of 1.56.

Perma-Fix Environmental Services (NASDAQ:PESI) last announced its earnings results on Thursday, August 8th. The industrial products company reported ($0.26) earnings per share (EPS) for the quarter. The company 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%.

Hedge Funds Weigh In On Perma-Fix Environmental Services

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Chesley Taft & Associates LLC purchased a new stake in Perma-Fix Environmental Services in the 3rd quarter worth about $368,000. Quent Capital LLC acquired a new position in shares of Perma-Fix Environmental Services in the 3rd quarter valued at about $198,000. Marshall Wace LLP purchased a new stake in shares of Perma-Fix Environmental Services in the second quarter worth approximately $110,000. Apis Capital Advisors LLC lifted its position in shares of Perma-Fix Environmental Services by 30.4% in the second quarter. Apis Capital Advisors LLC now owns 60,000 shares of the industrial products company’s stock worth $608,000 after purchasing an additional 14,000 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Perma-Fix Environmental Services by 21.6% during the second quarter. Dimensional Fund Advisors LP now owns 78,506 shares of the industrial products company’s stock worth $795,000 after purchasing an additional 13,949 shares during the period. Institutional investors and hedge funds own 25.52% of the company’s stock.

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.