Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) Holdings Trimmed by Van ECK Associates Corp

Van ECK Associates Corp decreased its stake in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) by 14.9% in the third quarter, HoldingsChannel reports. The firm owned 137,858 shares of the industrial products company’s stock after selling 24,145 shares during the period. Van ECK Associates Corp’s holdings in Perma-Fix Environmental Services were worth $1,692,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of PESI. Thompson Siegel & Walmsley LLC acquired a new stake in Perma-Fix Environmental Services during the 2nd quarter worth about $2,421,000. Dimensional Fund Advisors LP boosted its position in Perma-Fix Environmental Services by 21.6% during the 2nd 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 period. Apis Capital Advisors LLC boosted its position in Perma-Fix Environmental Services by 30.4% during the 2nd quarter. Apis Capital Advisors LLC now owns 60,000 shares of the industrial products company’s stock worth $608,000 after acquiring an additional 14,000 shares during the period. Bank of New York Mellon Corp acquired a new stake in Perma-Fix Environmental Services during the 2nd quarter worth about $338,000. Finally, Chesley Taft & Associates LLC acquired a new stake in Perma-Fix Environmental Services during the 3rd quarter worth about $368,000. Institutional investors and hedge funds own 25.52% of the company’s stock.

Perma-Fix Environmental Services Stock Down 1.5 %

PESI opened at $15.08 on Monday. Perma-Fix Environmental Services, Inc. has a fifty-two week low of $6.51 and a fifty-two week high of $16.25. The business has a 50-day moving average of $12.70 and a 200-day moving average of $11.37. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.56 and a quick ratio of 1.52. The company has a market capitalization of $238.26 million, a PE ratio of -30.16 and a beta of 0.48.

Perma-Fix Environmental Services (NASDAQ:PESI) last posted its quarterly earnings results on Thursday, August 8th. The industrial products company reported ($0.26) earnings per share 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 firm had revenue of $13.99 million for the quarter.

Analyst Ratings Changes

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

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.