Perma-Fix Environmental Services (NASDAQ:PESI) Upgraded by StockNews.com to “Sell” Rating

StockNews.com upgraded shares of Perma-Fix Environmental Services (NASDAQ:PESI) to a sell rating in a research note issued to investors on Saturday.

Perma-Fix Environmental Services Stock Performance

NASDAQ PESI opened at $14.92 on Friday. Perma-Fix Environmental Services has a 1-year low of $6.51 and a 1-year high of $16.25. The stock has a market capitalization of $235.74 million, a PE ratio of -29.82 and a beta of 0.48. The business has a 50 day simple moving average of $12.70 and a two-hundred day simple 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.

Institutional Investors Weigh In On Perma-Fix Environmental Services

Large investors have recently added to or reduced their stakes in the stock. Thompson Davis & CO. Inc. increased its holdings in shares of Perma-Fix Environmental Services by 20.7% in the 3rd quarter. Thompson Davis & CO. Inc. now owns 14,305 shares of the industrial products company’s stock valued at $176,000 after acquiring an additional 2,450 shares during the period. Fermata Advisors LLC raised its stake in shares of Perma-Fix Environmental Services by 22.9% during the 2nd quarter. Fermata Advisors LLC now owns 15,086 shares of the industrial products company’s stock valued at $153,000 after buying an additional 2,811 shares during the last quarter. Marshall Wace LLP purchased a new stake in Perma-Fix Environmental Services in the 2nd quarter worth approximately $110,000. Rhumbline Advisers purchased a new stake in Perma-Fix Environmental Services during the second quarter worth $134,000. Finally, Dimensional Fund Advisors LP raised its holdings in Perma-Fix Environmental Services by 21.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 78,506 shares of the industrial products company’s stock worth $795,000 after purchasing an additional 13,949 shares during the period. 25.52% of the stock is owned by hedge funds and other institutional investors.

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.