Perma-Fix Environmental Services (NASDAQ:PESI) Upgraded at StockNews.com

StockNews.com upgraded shares of Perma-Fix Environmental Services (NASDAQ:PESI) to a sell rating in a report published on Tuesday.

Perma-Fix Environmental Services Price Performance

Shares of PESI stock opened at $7.54 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.42 and a quick ratio of 1.37. The firm has a market cap of $119.49 million, a price-to-earnings ratio of -6.92 and a beta of 0.40. The stock’s fifty day simple moving average is $9.06 and its 200 day simple moving average is $11.30. Perma-Fix Environmental Services has a one year low of $6.96 and a one year high of $16.25.

Perma-Fix Environmental Services (NASDAQ:PESI) last posted its quarterly earnings data on Thursday, March 13th. The industrial products company reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.10). The business had revenue of $14.70 million during the quarter, compared to analyst estimates of $15.80 million. Perma-Fix Environmental Services had a negative return on equity of 21.69% and a negative net margin of 24.44%.

Institutional Investors Weigh In On Perma-Fix Environmental Services

Institutional investors and hedge funds have recently made changes to their positions in the company. Jane Street Group LLC bought a new stake in shares of Perma-Fix Environmental Services during the third quarter worth $149,000. Charles Schwab Investment Management Inc. increased its holdings in Perma-Fix Environmental Services by 15.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 40,235 shares of the industrial products company’s stock valued at $494,000 after purchasing an additional 5,235 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Perma-Fix Environmental Services by 14.0% in the third quarter. Geode Capital Management LLC now owns 325,173 shares of the industrial products company’s stock worth $3,991,000 after acquiring an additional 39,977 shares in the last quarter. Barclays PLC increased its holdings in shares of Perma-Fix Environmental Services by 388.2% in the third quarter. Barclays PLC now owns 20,806 shares of the industrial products company’s stock worth $256,000 after acquiring an additional 16,544 shares in the last quarter. Finally, State Street Corp increased its holdings in shares of Perma-Fix Environmental Services by 14.3% in the third quarter. State Street Corp now owns 168,644 shares of the industrial products company’s stock worth $2,069,000 after acquiring an additional 21,040 shares in the last quarter. 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.