Perimeter Solutions (NYSE:PRM – Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.21, Zacks reports. Perimeter Solutions had a negative net margin of 30.57% and a negative return on equity of 10.08%.
Perimeter Solutions Trading Down 7.3 %
Shares of NYSE PRM traded down $0.86 during midday trading on Thursday, reaching $10.91. The stock had a trading volume of 899,183 shares, compared to its average volume of 1,113,378. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of -9.63 and a beta of 1.90. Perimeter Solutions has a twelve month low of $5.51 and a twelve month high of $14.44. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.95 and a current ratio of 3.91. The company’s 50 day moving average price is $12.66 and its 200 day moving average price is $12.46.
Insider Transactions at Perimeter Solutions
In related news, Director Tracy Britt Cool sold 50,000 shares of the business’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $12.81, for a total transaction of $640,500.00. Following the transaction, the director now owns 173,449 shares in the company, valued at $2,221,881.69. The trade was a 22.38 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 8.70% of the company’s stock.
Perimeter Solutions Company 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.
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