Keeley Teton Advisors LLC Has $185,000 Stake in Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH)

Keeley Teton Advisors LLC grew its holdings in shares of Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) by 10.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,360 shares of the industrial products company’s stock after purchasing an additional 1,200 shares during the period. Keeley Teton Advisors LLC’s holdings in Perma-Pipe International were worth $185,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. State Street Corp acquired a new stake in Perma-Pipe International during the third quarter worth approximately $140,000. Geode Capital Management LLC lifted its position in shares of Perma-Pipe International by 9.7% during the 3rd quarter. Geode Capital Management LLC now owns 82,269 shares of the industrial products company’s stock valued at $1,068,000 after acquiring an additional 7,273 shares during the period. Ritholtz Wealth Management acquired a new stake in shares of Perma-Pipe International during the 4th quarter worth $173,000. Empowered Funds LLC bought a new position in shares of Perma-Pipe International in the fourth quarter worth $276,000. Finally, IFP Advisors Inc acquired a new position in Perma-Pipe International in the fourth quarter valued at about $48,000. 28.43% of the stock is owned by institutional investors.

Perma-Pipe International Trading Down 1.6 %

Shares of Perma-Pipe International stock opened at $11.96 on Friday. The firm’s 50-day moving average price is $13.00 and its two-hundred day moving average price is $14.08. The company has a market capitalization of $95.48 million, a price-to-earnings ratio of 6.07 and a beta of 0.11. The company has a quick ratio of 1.64, a current ratio of 1.94 and a debt-to-equity ratio of 0.12. Perma-Pipe International Holdings, Inc. has a 12-month low of $6.83 and a 12-month high of $17.58.

About Perma-Pipe International

Perma-Pipe International Holdings, Inc, together with its subsidiaries, engineers, designs, manufactures, and sells specialty piping and leak detection systems. It offers insulated and jacketed district heating and cooling piping systems for energy distribution from central energy plants to various locations; and primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products, as well as engages in the coating and insulation of oil and gas gathering and transmission pipelines.