Rothschild Wealth LLC Invests $2.09 Million in Perma-Fix Environmental Services, Inc. $PESI

Rothschild Wealth LLC bought a new position in shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 166,300 shares of the industrial products company’s stock, valued at approximately $2,094,000.

Other large investors have also modified their holdings of the company. Mak Capital One LLC raised its stake in shares of Perma-Fix Environmental Services by 780.7% during the 3rd quarter. Mak Capital One LLC now owns 815,576 shares of the industrial products company’s stock worth $8,237,000 after buying an additional 722,966 shares in the last quarter. MYDA Advisors LLC raised its stake in shares of Perma-Fix Environmental Services by 100.0% during the 4th quarter. MYDA Advisors LLC now owns 100,000 shares of the industrial products company’s stock worth $1,259,000 after buying an additional 50,000 shares in the last quarter. Potomac Capital Management Inc. purchased a new position in shares of Perma-Fix Environmental Services during the 4th quarter worth approximately $4,303,000. Guidance Capital Inc. purchased a new position in shares of Perma-Fix Environmental Services during the 3rd quarter worth approximately $175,000. Finally, XTX Topco Ltd purchased a new position in shares of Perma-Fix Environmental Services during the 2nd quarter worth approximately $199,000. 25.52% of the stock is owned by hedge funds and other institutional investors.

Perma-Fix Environmental Services Stock Performance

Perma-Fix Environmental Services stock opened at $10.47 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.17 and a current ratio of 1.25. The stock has a fifty day moving average of $10.91 and a two-hundred day moving average of $12.62. The company has a market capitalization of $194.38 million, a price-to-earnings ratio of -10.91 and a beta of 0.52. Perma-Fix Environmental Services, Inc. has a fifty-two week low of $8.02 and a fifty-two week high of $16.50.

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on PESI. Wall Street Zen downgraded Perma-Fix Environmental Services from a “sell” rating to a “strong sell” rating in a research note on Sunday, May 17th. Weiss Ratings downgraded Perma-Fix Environmental Services from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, May 19th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

About Perma-Fix Environmental Services

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.