MYDA Advisors LLC Purchases 50,000 Shares of Perma-Fix Environmental Services, Inc. $PESI

MYDA Advisors LLC boosted its position in shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) by 100.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 100,000 shares of the industrial products company’s stock after acquiring an additional 50,000 shares during the quarter. MYDA Advisors LLC owned 0.54% of Perma-Fix Environmental Services worth $1,259,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its position in Perma-Fix Environmental Services by 102.9% during the third quarter. BNP Paribas Financial Markets now owns 3,350 shares of the industrial products company’s stock worth $34,000 after acquiring an additional 1,699 shares in the last quarter. MetLife Investment Management LLC raised its position in Perma-Fix Environmental Services by 171.6% during the fourth quarter. MetLife Investment Management LLC now owns 9,154 shares of the industrial products company’s stock worth $115,000 after acquiring an additional 5,784 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Perma-Fix Environmental Services by 18.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,849 shares of the industrial products company’s stock worth $72,000 after acquiring an additional 1,515 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in Perma-Fix Environmental Services during the first quarter worth $77,000. Finally, Deutsche Bank AG raised its position in Perma-Fix Environmental Services by 18,936.5% during the fourth quarter. Deutsche Bank AG now owns 11,993 shares of the industrial products company’s stock worth $151,000 after acquiring an additional 11,930 shares in the last quarter. 25.52% of the stock is owned by institutional investors.

Perma-Fix Environmental Services Price Performance

NASDAQ:PESI opened at $10.99 on Monday. Perma-Fix Environmental Services, Inc. has a one year low of $8.02 and a one year high of $16.50. The company has a market cap of $204.08 million, a P/E ratio of -11.45 and a beta of 0.52. The firm’s fifty day moving average price is $10.95 and its two-hundred day moving average price is $12.64. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.25 and a quick ratio of 1.17.

Perma-Fix Environmental Services (NASDAQ:PESI) last released its quarterly earnings data on Thursday, May 7th. The industrial products company reported ($0.40) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.16). Perma-Fix Environmental Services had a negative net margin of 30.06% and a negative return on equity of 28.55%. The company had revenue of $11.13 million during the quarter, compared to analyst estimates of $12.95 million.

Analyst Upgrades and Downgrades

Several equities analysts have commented on PESI shares. Weiss Ratings downgraded shares of Perma-Fix Environmental Services from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, May 19th. Wall Street Zen downgraded shares of Perma-Fix Environmental Services from a “sell” rating to a “strong sell” rating in a report on Sunday, May 17th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

Perma-Fix Environmental Services Company Profile

Perma-Fix Environmental Services, Inc (NASDAQ: PESI) is a specialized provider of environmental and nuclear waste management solutions. The company offers a comprehensive suite of services, including treatment, recycling, processing, volume reduction and disposal of hazardous, radioactive and mixed wastes. Its capabilities span thermal, chemical and physical treatment technologies, supported by a network of licensed facilities designed to handle complex waste streams.

Founded in 1994 and headquartered in Atlanta, Georgia, Perma-Fix has grown both organically and through strategic acquisitions.