Diametric Capital LP Sells 40,204 Shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

Diametric Capital LP lessened its stake in shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) by 72.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,491 shares of the industrial products company’s stock after selling 40,204 shares during the period. Diametric Capital LP owned approximately 0.10% of Perma-Fix Environmental Services worth $171,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. New York State Common Retirement Fund increased its holdings in shares of Perma-Fix Environmental Services by 4,300.0% during the fourth quarter. New York State Common Retirement Fund now owns 4,400 shares of the industrial products company’s stock valued at $49,000 after acquiring an additional 4,300 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Perma-Fix Environmental Services by 17.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,308 shares of the industrial products company’s stock valued at $77,000 after purchasing an additional 947 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in Perma-Fix Environmental Services by 54.4% in the third quarter. BNP Paribas Financial Markets now owns 6,994 shares of the industrial products company’s stock worth $86,000 after buying an additional 2,463 shares during the last quarter. MetLife Investment Management LLC lifted its stake in shares of Perma-Fix Environmental Services by 129.1% in the third quarter. MetLife Investment Management LLC now owns 7,543 shares of the industrial products company’s stock worth $93,000 after buying an additional 4,250 shares in the last quarter. Finally, LVW Advisors LLC purchased a new stake in shares of Perma-Fix Environmental Services during the fourth quarter valued at approximately $111,000. Hedge funds and other institutional investors own 25.52% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Perma-Fix Environmental Services to a “sell” rating in a research report on Tuesday, March 18th.

Perma-Fix Environmental Services Trading Up 3.1 %

Perma-Fix Environmental Services stock opened at $7.36 on Thursday. Perma-Fix Environmental Services, Inc. has a one year low of $6.91 and a one year high of $16.25. The business’s fifty day moving average is $8.46 and its 200 day moving average is $11.12. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.42 and a quick ratio of 1.37. The stock has a market capitalization of $135.63 million, a PE ratio of -6.75 and a beta of 0.28.

Perma-Fix Environmental Services (NASDAQ:PESI) last announced its quarterly earnings results on Thursday, March 13th. The industrial products company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $15.80 million.

Perma-Fix Environmental Services 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.