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 bought 2,050 shares of Perma-Fix Environmental Services stock in a transaction that occurred on Friday, March 21st. The shares were acquired at an average cost of $7.03 per share, with a total value of $14,411.50. Following the acquisition, the chief executive officer now owns 133,659 shares of the company’s stock, valued at $939,622.77. The trade was a 1.56 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Perma-Fix Environmental Services Stock Performance

PESI stock traded up $0.34 during trading on Monday, hitting $7.30. The company had a trading volume of 37,843 shares, compared to its average volume of 128,315. The company has a quick ratio of 1.37, a current ratio of 1.42 and a debt-to-equity ratio of 0.06. The firm has a market cap of $134.43 million, a PE ratio of -6.68 and a beta of 0.40. The firm has a 50-day moving average price of $8.99 and a 200-day moving average price of $11.29. Perma-Fix Environmental Services, Inc. has a 1-year low of $6.91 and a 1-year high of $16.25.

Perma-Fix Environmental Services (NASDAQ:PESI) last announced its quarterly 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 during 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%.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Perma-Fix Environmental Services

A number of institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. raised 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Perma-Fix Environmental Services by 21.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,334 shares of the industrial products company’s stock valued at $92,000 after acquiring an additional 1,479 shares in the last quarter. Geode Capital Management LLC lifted its stake in 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 acquiring an additional 1,949 shares in the last quarter. Barclays PLC grew its stake in Perma-Fix Environmental Services by 10.6% in the fourth quarter. Barclays PLC now owns 23,014 shares of the industrial products company’s stock valued at $255,000 after purchasing an additional 2,208 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its position in Perma-Fix Environmental Services by 54.4% during the third 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 during the period. 25.52% of the stock is owned by institutional investors and hedge funds.

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.