Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) CEO Mark Duff Acquires 2,050 Shares

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

Perma-Fix Environmental Services Stock Performance

Shares of PESI stock opened at $7.47 on Tuesday. The stock’s 50-day moving average price is $8.92 and its 200 day moving average price is $11.27. 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 stock has a market capitalization of $137.66 million, a PE ratio of -6.85 and a beta of 0.40. Perma-Fix Environmental Services, Inc. has a 52-week low of $6.91 and a 52-week high of $16.25.

Perma-Fix Environmental Services (NASDAQ:PESI) last released its earnings results on Thursday, March 13th. The industrial products company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $15.80 million.

Hedge Funds Weigh In On Perma-Fix Environmental Services

A number of large investors have recently bought and sold shares of the company. New York State Common Retirement Fund increased its stake in shares of Perma-Fix Environmental Services by 4,300.0% during the fourth quarter. New York State Common Retirement Fund now owns 4,400 shares of the industrial products company’s stock worth $49,000 after acquiring an additional 4,300 shares during the period. JPMorgan Chase & Co. boosted its holdings in Perma-Fix Environmental Services by 17.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,308 shares of the industrial products company’s stock valued at $77,000 after purchasing an additional 947 shares in the last quarter. BNP Paribas Financial Markets increased its position in Perma-Fix Environmental Services by 54.4% during the 3rd 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. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Perma-Fix Environmental Services by 21.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,334 shares of the industrial products company’s stock worth $92,000 after buying an additional 1,479 shares in the last quarter. Finally, MetLife Investment Management LLC lifted its holdings in shares of Perma-Fix Environmental Services by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 7,543 shares of the industrial products company’s stock valued at $93,000 after buying an additional 4,250 shares during the period. Hedge funds and other institutional investors own 25.52% of the company’s stock.

Wall Street Analyst Weigh In

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

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.