Versor Investments LP Buys New Shares in Perimeter Solutions, SA (NYSE:PRM)

Versor Investments LP purchased a new position in Perimeter Solutions, SA (NYSE:PRM) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 19,800 shares of the company’s stock, valued at approximately $253,000.

Several other institutional investors and hedge funds also recently made changes to their positions in PRM. Proficio Capital Partners LLC acquired a new stake in Perimeter Solutions during the fourth quarter worth about $301,000. Bank of New York Mellon Corp lifted its position in shares of Perimeter Solutions by 21.8% in the 4th quarter. Bank of New York Mellon Corp now owns 442,278 shares of the company’s stock worth $5,652,000 after acquiring an additional 79,241 shares during the period. Navellier & Associates Inc. acquired a new stake in shares of Perimeter Solutions during the 4th quarter worth approximately $739,000. Ieq Capital LLC bought a new stake in shares of Perimeter Solutions during the fourth quarter valued at approximately $6,698,000. Finally, D.A. Davidson & CO. acquired a new position in shares of Perimeter Solutions in the fourth quarter valued at $691,000. Institutional investors own 89.93% of the company’s stock.

Perimeter Solutions Stock Down 6.1 %

Shares of PRM stock opened at $9.93 on Tuesday. The stock has a market cap of $1.49 billion, a P/E ratio of -70.92 and a beta of 1.90. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.91 and a quick ratio of 2.95. The stock has a fifty day moving average price of $12.25 and a 200 day moving average price of $12.48. Perimeter Solutions, SA has a one year low of $6.01 and a one year high of $14.44.

Perimeter Solutions (NYSE:PRM) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.21. Perimeter Solutions had a negative net margin of 1.05% and a negative return on equity of 7.62%. The company had revenue of $86.23 million during the quarter, compared to the consensus estimate of $77.01 million. Analysts predict that Perimeter Solutions, SA will post 0.71 earnings per share for the current year.

Perimeter Solutions Profile

Perimeter Solutions, SA manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally. It operates in two segments, Fire Safety and Specialty Products. The Fire Safety segment provides fire retardants and firefighting foams, as well as specialized equipment and services for federal, state, provincial, local/municipal, and commercial customers.