Perma-Fix Environmental Services (NASDAQ:PESI) Raised to Sell at StockNews.com

Perma-Fix Environmental Services (NASDAQ:PESI) was upgraded by stock analysts at StockNews.com to a “sell” rating in a note issued to investors on Wednesday.

Perma-Fix Environmental Services Price Performance

PESI stock opened at $11.68 on Wednesday. The firm’s 50-day moving average price is $13.73 and its two-hundred day moving average price is $11.63. Perma-Fix Environmental Services has a 12-month low of $7.28 and a 12-month high of $16.25. The stock has a market capitalization of $185.09 million, a price-to-earnings ratio of -10.72 and a beta of 0.42. The company has a current ratio of 1.42, a quick ratio of 1.37 and a debt-to-equity ratio of 0.06.

Hedge Funds Weigh In On Perma-Fix Environmental Services

Hedge funds have recently modified their holdings of the company. Diamond Hill Capital Management Inc. bought a new stake in shares of Perma-Fix Environmental Services during the 3rd quarter valued at about $3,065,000. Thompson Siegel & Walmsley LLC bought a new stake in shares of Perma-Fix Environmental Services during the 2nd quarter valued at about $2,421,000. Van ECK Associates Corp bought a new stake in shares of Perma-Fix Environmental Services during the 2nd quarter valued at about $1,641,000. Geode Capital Management LLC boosted its stake in shares of Perma-Fix Environmental Services by 14.0% during the 3rd quarter. Geode Capital Management LLC now owns 325,173 shares of the industrial products company’s stock valued at $3,991,000 after purchasing an additional 39,977 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of Perma-Fix Environmental Services during the 2nd quarter valued at about $338,000. Hedge funds and other institutional investors 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.