Oppenheimer & Co. Inc. Invests $279,000 in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

Oppenheimer & Co. Inc. acquired a new stake in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 22,712 shares of the industrial products company’s stock, valued at approximately $279,000. Oppenheimer & Co. Inc. owned about 0.14% of Perma-Fix Environmental Services at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in PESI. Diamond Hill Capital Management Inc. bought a new position in shares of Perma-Fix Environmental Services during the third quarter worth $3,065,000. Thompson Siegel & Walmsley LLC bought a new position in Perma-Fix Environmental Services during the second quarter worth about $2,421,000. Van ECK Associates Corp acquired a new position in Perma-Fix Environmental Services in the second quarter valued at about $1,641,000. Dimensional Fund Advisors LP increased its holdings in shares of Perma-Fix Environmental Services by 21.6% in 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 in the last quarter. Finally, Apis Capital Advisors LLC raised its position in shares of Perma-Fix Environmental Services by 30.4% during the second quarter. Apis Capital Advisors LLC now owns 60,000 shares of the industrial products company’s stock worth $608,000 after purchasing an additional 14,000 shares during the period. Institutional investors and hedge funds own 25.52% of the company’s stock.

Perma-Fix Environmental Services Trading Down 2.6 %

NASDAQ:PESI opened at $14.42 on Friday. The company has a market cap of $228.24 million, a P/E ratio of -13.59 and a beta of 0.48. Perma-Fix Environmental Services, Inc. has a twelve month low of $6.51 and a twelve month high of $16.25. The business has a 50 day moving average price of $13.36 and a two-hundred day moving average price of $11.51. The company has a quick ratio of 1.37, a current ratio of 1.42 and a debt-to-equity ratio of 0.06.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Perma-Fix Environmental Services to a “sell” rating in a research report on Saturday, November 9th.

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.