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 the company’s stock in a transaction that occurred on Friday, March 21st. The stock was acquired at an average cost of $7.03 per share, with a total value of $14,411.50. Following the transaction, the chief executive officer now directly owns 133,659 shares of the company’s stock, valued at approximately $939,622.77. This represents a 1.56 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Perma-Fix Environmental Services Stock Up 4.8 %

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

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

Institutional Trading of Perma-Fix Environmental Services

Several institutional investors and hedge funds have recently bought and sold shares of the business. Polar Asset Management Partners Inc. acquired a new stake in Perma-Fix Environmental Services during the fourth quarter worth approximately $1,937,000. Prescott Group Capital Management L.L.C. increased its position in Perma-Fix Environmental Services by 4.2% during the 4th quarter. Prescott Group Capital Management L.L.C. now owns 746,942 shares of the industrial products company’s stock worth $8,269,000 after buying an additional 30,000 shares during the period. AWM Investment Company Inc. acquired a new position in shares of Perma-Fix Environmental Services in the fourth quarter valued at about $4,428,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Perma-Fix Environmental Services by 21.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,334 shares of the industrial products company’s stock worth $92,000 after acquiring an additional 1,479 shares during the period. Finally, Deutsche Bank AG grew its position in shares of Perma-Fix Environmental Services by 4,235.9% during the 4th quarter. Deutsche Bank AG now owns 15,479 shares of the industrial products company’s stock worth $171,000 after purchasing an additional 15,122 shares in the last quarter. Institutional investors own 25.52% of the company’s stock.

Analysts Set New Price Targets

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

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.