Perma-Fix Environmental Services (NASDAQ:PESI) Upgraded by StockNews.com to Sell Rating

StockNews.com upgraded shares of Perma-Fix Environmental Services (NASDAQ:PESI) to a sell rating in a report issued on Tuesday morning.

Perma-Fix Environmental Services Stock Performance

Shares of NASDAQ PESI opened at $7.54 on Tuesday. The stock has a 50 day moving average price of $9.06 and a 200 day moving average price of $11.30. Perma-Fix Environmental Services has a 52 week low of $6.96 and a 52 week high of $16.25. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.37 and a current ratio of 1.42. The stock has a market capitalization of $119.49 million, a PE ratio of -6.92 and a beta of 0.40.

Perma-Fix Environmental Services (NASDAQ:PESI) last issued its quarterly earnings results on Thursday, March 13th. The industrial products company reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.10). Perma-Fix Environmental Services had a negative net margin of 24.44% and a negative return on equity of 21.69%. The company had revenue of $14.70 million for the quarter, compared to analyst estimates of $15.80 million.

Institutional Trading of Perma-Fix Environmental Services

Several institutional investors and hedge funds have recently bought and sold shares of PESI. Alyeska Investment Group L.P. bought a new stake in Perma-Fix Environmental Services in the fourth quarter valued at approximately $7,749,000. AWM Investment Company Inc. bought a new stake in Perma-Fix Environmental Services in the fourth quarter valued at approximately $4,428,000. MYDA Advisors LLC bought a new stake in Perma-Fix Environmental Services in the fourth quarter valued at approximately $2,491,000. Polar Asset Management Partners Inc. bought a new stake in Perma-Fix Environmental Services in the fourth quarter valued at approximately $1,937,000. Finally, Diamond Hill Capital Management Inc. raised its stake in Perma-Fix Environmental Services by 26.3% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 315,517 shares of the industrial products company’s stock valued at $3,493,000 after buying an additional 65,761 shares during the period. Institutional investors own 25.52% of the company’s stock.

Perma-Fix Environmental Services Company Profile

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.