AlphaQuest LLC Buys Shares of 43,300 Perimeter Solutions, SA (NYSE:PRM)

AlphaQuest LLC bought a new stake in Perimeter Solutions, SA (NYSE:PRM) in the 4th quarter, Holdings Channel reports. The institutional investor bought 43,300 shares of the company’s stock, valued at approximately $553,000.

Several other large investors have also recently bought and sold shares of PRM. Catawba River Capital bought a new position in Perimeter Solutions in the fourth quarter valued at about $7,658,000. Ieq Capital LLC bought a new position in Perimeter Solutions in the fourth quarter valued at about $6,698,000. DF Dent & Co. Inc. raised its position in Perimeter Solutions by 27.4% in the third quarter. DF Dent & Co. Inc. now owns 2,341,963 shares of the company’s stock valued at $31,499,000 after purchasing an additional 504,146 shares during the last quarter. FMR LLC raised its position in shares of Perimeter Solutions by 2,993.1% during the third quarter. FMR LLC now owns 307,426 shares of the company’s stock worth $4,135,000 after acquiring an additional 297,487 shares during the last quarter. Finally, Pennant Select LLC raised its position in shares of Perimeter Solutions by 41.6% during the third quarter. Pennant Select LLC now owns 814,000 shares of the company’s stock worth $10,948,000 after acquiring an additional 239,000 shares during the last quarter. 89.93% of the stock is currently owned by institutional investors.

Perimeter Solutions Price Performance

Shares of PRM opened at $9.39 on Thursday. Perimeter Solutions, SA has a 1 year low of $6.01 and a 1 year high of $14.44. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.91 and a quick ratio of 2.95. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of -67.03 and a beta of 1.93. The business has a 50-day moving average of $11.75 and a 200-day moving average of $12.40.

Perimeter Solutions (NYSE:PRM) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.21. Perimeter Solutions had a negative return on equity of 7.62% and a negative net margin of 1.05%. The company had revenue of $86.23 million during the quarter, compared to the consensus estimate of $77.01 million. As a group, equities research analysts anticipate that Perimeter Solutions, SA will post 0.71 earnings per share for the current year.

About Perimeter Solutions

Perimeter Solutions, SA manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally. It operates in two segments, Fire Safety and Specialty Products. The Fire Safety segment provides fire retardants and firefighting foams, as well as specialized equipment and services for federal, state, provincial, local/municipal, and commercial customers.