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 note published on Wednesday morning.

Perma-Fix Environmental Services Stock Up 1.2 %

NASDAQ PESI opened at $14.16 on Wednesday. Perma-Fix Environmental Services has a 1 year low of $6.51 and a 1 year high of $14.25. The stock has a market capitalization of $223.73 million, a PE ratio of -28.32 and a beta of 0.49. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.56 and a quick ratio of 1.52. The business’s 50-day moving average is $11.57 and its 200 day moving average is $11.07.

Perma-Fix Environmental Services (NASDAQ:PESI) last issued its quarterly earnings data on Thursday, August 8th. The industrial products company reported ($0.26) earnings per share for the quarter. The business had revenue of $13.99 million during the quarter. Perma-Fix Environmental Services had a negative return on equity of 15.78% and a negative net margin of 9.82%.

Institutional Investors Weigh In On Perma-Fix Environmental Services

Institutional investors and hedge funds have recently modified their holdings of the stock. Thompson Siegel & Walmsley LLC purchased a new position in shares of Perma-Fix Environmental Services during the second quarter valued at about $2,421,000. Van ECK Associates Corp purchased a new position in shares of Perma-Fix Environmental Services during the 2nd quarter worth approximately $1,641,000. Bank of New York Mellon Corp bought a new position in shares of Perma-Fix Environmental Services in the 2nd quarter worth approximately $338,000. Chesley Taft & Associates LLC purchased a new position in shares of Perma-Fix Environmental Services in the 3rd quarter valued at approximately $368,000. Finally, Quent Capital LLC bought a new stake in shares of Perma-Fix Environmental Services during the third quarter valued at approximately $198,000. 25.52% of the stock is owned by hedge funds and other institutional investors.

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.