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

StockNews.com upgraded shares of Perma-Fix Environmental Services (NASDAQ:PESIFree Report) from a hold rating to a buy rating in a research note published on Friday morning.

Separately, TheStreet raised shares of Perma-Fix Environmental Services from a d+ rating to a c- rating in a research note on Thursday, February 22nd.

Check Out Our Latest Stock Analysis on Perma-Fix Environmental Services

Perma-Fix Environmental Services Price Performance

PESI opened at $9.25 on Friday. The stock has a fifty day moving average of $8.29 and a 200-day moving average of $8.89. The firm has a market capitalization of $125.92 million, a P/E ratio of 308.33 and a beta of 0.46. Perma-Fix Environmental Services has a 12-month low of $6.51 and a 12-month high of $13.87. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 0.07.

Institutional Investors Weigh In On Perma-Fix Environmental Services

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its position in shares of Perma-Fix Environmental Services by 8.8% in the fourth quarter. Vanguard Group Inc. now owns 590,041 shares of the industrial products company’s stock valued at $4,638,000 after purchasing an additional 47,814 shares during the last quarter. Potomac Capital Management Inc. lifted its stake in shares of Perma-Fix Environmental Services by 0.8% in the fourth quarter. Potomac Capital Management Inc. now owns 298,984 shares of the industrial products company’s stock valued at $2,350,000 after buying an additional 2,513 shares during the period. Bridgeway Capital Management LLC bought a new position in Perma-Fix Environmental Services during the fourth quarter worth about $174,000. Quadrature Capital Ltd lifted its stake in Perma-Fix Environmental Services by 11.6% during the fourth quarter. Quadrature Capital Ltd now owns 34,029 shares of the industrial products company’s stock worth $267,000 after purchasing an additional 3,545 shares during the period. Finally, Northern Trust Corp lifted its stake in Perma-Fix Environmental Services by 5.6% during the fourth quarter. Northern Trust Corp now owns 26,958 shares of the industrial products company’s stock worth $212,000 after purchasing an additional 1,419 shares during the period. 24.26% of the stock is owned by institutional investors and hedge funds.

About Perma-Fix Environmental Services

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Perma-Fix Environmental Services, Inc, through its subsidiaries, operates as an environmental and technology know-how company in the United States. The company operates in two segments, Treatment and Services. 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.

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