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

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

Perma-Fix Environmental Services Price Performance

NASDAQ PESI traded down $0.23 on Friday, reaching $15.08. The company had a trading volume of 96,856 shares, compared to its average volume of 98,290. The company has a quick ratio of 1.52, a current ratio of 1.56 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $238.28 million, a PE ratio of -30.16 and a beta of 0.48. The firm’s 50 day moving average price is $12.70 and its 200 day moving average price is $11.37. Perma-Fix Environmental Services has a 12 month low of $6.51 and a 12 month high of $16.25.

Perma-Fix Environmental Services (NASDAQ:PESI) last announced its quarterly earnings results on Thursday, August 8th. The industrial products company reported ($0.26) earnings per share (EPS) for the quarter. The company had revenue of $13.99 million during the quarter. Perma-Fix Environmental Services had a negative net margin of 9.82% and a negative return on equity of 15.78%.

Institutional Trading of Perma-Fix Environmental Services

Institutional investors and hedge funds have recently bought and sold shares of the stock. Diamond Hill Capital Management Inc. bought a new stake in shares of Perma-Fix Environmental Services in the 3rd quarter worth about $3,065,000. Thompson Siegel & Walmsley LLC bought a new stake in shares of Perma-Fix Environmental Services in the 2nd quarter worth about $2,421,000. Van ECK Associates Corp bought a new stake in shares of Perma-Fix Environmental Services in the 2nd quarter worth about $1,641,000. Bank of New York Mellon Corp bought a new stake in shares of Perma-Fix Environmental Services in the 2nd quarter worth about $338,000. Finally, Chesley Taft & Associates LLC bought a new stake in shares of Perma-Fix Environmental Services in the 3rd quarter worth about $368,000. 25.52% of the stock is currently owned by institutional investors.

Perma-Fix Environmental Services Company Profile

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.