Shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI – Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $11.10 and traded as high as $14.56. Perma-Fix Environmental Services shares last traded at $14.40, with a volume of 52,040 shares.
Analysts Set New Price Targets
Separately, StockNews.com upgraded shares of Perma-Fix Environmental Services to a “sell” rating in a research report on Wednesday, October 16th.
View Our Latest Analysis on PESI
Perma-Fix Environmental Services Trading Up 0.2 %
Perma-Fix Environmental Services (NASDAQ:PESI – Get Free Report) last announced its earnings results on Thursday, August 8th. The industrial products company reported ($0.26) EPS for the quarter. Perma-Fix Environmental Services had a negative return on equity of 15.78% and a negative net margin of 9.82%. The company had revenue of $13.99 million during the quarter.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of PESI. Thompson Siegel & Walmsley LLC bought a new stake in Perma-Fix Environmental Services during the 2nd quarter valued at approximately $2,421,000. Rhumbline Advisers purchased a new stake in Perma-Fix Environmental Services during the 2nd quarter valued at approximately $134,000. Quent Capital LLC bought a new stake in shares of Perma-Fix Environmental Services during the third quarter valued at approximately $198,000. Van ECK Associates Corp purchased a new position in shares of Perma-Fix Environmental Services in the second quarter worth $1,641,000. Finally, Dimensional Fund Advisors LP boosted its position in shares of Perma-Fix Environmental Services by 21.6% during the second quarter. Dimensional Fund Advisors LP now owns 78,506 shares of the industrial products company’s stock worth $795,000 after acquiring an additional 13,949 shares during the last quarter. Hedge funds and other institutional investors own 25.52% of the company’s stock.
About Perma-Fix Environmental Services
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.
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