Mark Duff Purchases 2,050 Shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) Stock

Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) CEO Mark Duff purchased 2,050 shares of Perma-Fix Environmental Services stock in a transaction dated Friday, March 21st. The stock was acquired at an average price of $7.03 per share, for a total transaction of $14,411.50. Following the completion of the acquisition, the chief executive officer now owns 133,659 shares of the company’s stock, valued at approximately $939,622.77. This trade represents a 1.56 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Perma-Fix Environmental Services Trading Up 0.4 %

Shares of PESI opened at $7.50 on Wednesday. The firm has a market capitalization of $138.21 million, a price-to-earnings ratio of -6.88 and a beta of 0.40. 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, Inc. has a 1-year low of $6.91 and a 1-year high of $16.25. The company has a 50-day moving average of $8.86 and a 200 day moving average of $11.26.

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

Analyst Ratings Changes

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

Institutional Investors Weigh In On Perma-Fix Environmental Services

Several hedge funds have recently made changes to their positions in the company. Prescott Group Capital Management L.L.C. raised its holdings in shares of Perma-Fix Environmental Services by 4.2% in the fourth quarter. Prescott Group Capital Management L.L.C. now owns 746,942 shares of the industrial products company’s stock valued at $8,269,000 after acquiring an additional 30,000 shares in the last quarter. Alyeska Investment Group L.P. purchased a new position in Perma-Fix Environmental Services during the 4th quarter valued at about $7,749,000. AWM Investment Company Inc. purchased a new stake in shares of Perma-Fix Environmental Services in the 4th quarter worth approximately $4,428,000. Geode Capital Management LLC lifted its position in shares of Perma-Fix Environmental Services by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 327,122 shares of the industrial products company’s stock worth $3,622,000 after purchasing an additional 1,949 shares during the period. Finally, Diamond Hill Capital Management Inc. boosted its stake in shares of Perma-Fix Environmental Services by 26.3% during the fourth quarter. Diamond Hill Capital Management Inc. now owns 315,517 shares of the industrial products company’s stock valued at $3,493,000 after purchasing an additional 65,761 shares in the last quarter. 25.52% of the stock is currently owned by hedge funds and other 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.