Diametric Capital LP Sells 40,204 Shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

Diametric Capital LP lessened its holdings in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) by 72.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 15,491 shares of the industrial products company’s stock after selling 40,204 shares during the period. Diametric Capital LP’s holdings in Perma-Fix Environmental Services were worth $171,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in PESI. New York State Common Retirement Fund increased its holdings in Perma-Fix Environmental Services by 4,300.0% during the fourth quarter. New York State Common Retirement Fund now owns 4,400 shares of the industrial products company’s stock valued at $49,000 after buying an additional 4,300 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Perma-Fix Environmental Services by 17.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,308 shares of the industrial products company’s stock valued at $77,000 after acquiring an additional 947 shares during the period. BNP Paribas Financial Markets increased its stake in shares of Perma-Fix Environmental Services by 54.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,994 shares of the industrial products company’s stock worth $86,000 after purchasing an additional 2,463 shares in the last quarter. MetLife Investment Management LLC raised its holdings in Perma-Fix Environmental Services by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 7,543 shares of the industrial products company’s stock worth $93,000 after purchasing an additional 4,250 shares during the period. Finally, LVW Advisors LLC purchased a new position in Perma-Fix Environmental Services during the fourth quarter valued at $111,000. Hedge funds and other institutional investors own 25.52% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Perma-Fix Environmental Services to a “sell” rating in a research report on Tuesday, March 18th.

Perma-Fix Environmental Services Price Performance

Shares of NASDAQ:PESI opened at $7.36 on Thursday. The company has a market capitalization of $135.63 million, a P/E ratio of -6.75 and a beta of 0.28. Perma-Fix Environmental Services, Inc. has a 1-year low of $6.91 and a 1-year high of $16.25. The firm’s 50 day simple moving average is $8.46 and its two-hundred day simple moving average is $11.12. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.42 and a quick ratio of 1.37.

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

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.