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

Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) CEO Mark Duff bought 2,050 shares of Perma-Fix Environmental Services stock in a transaction on Friday, March 21st. The stock was purchased at an average price of $7.03 per share, with a total value of $14,411.50. Following the completion of the acquisition, the chief executive officer now directly owns 133,659 shares of the company’s stock, valued at $939,622.77. This represents a 1.56 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Perma-Fix Environmental Services Stock Performance

Shares of PESI opened at $7.50 on Wednesday. The company has a current ratio of 1.42, a quick ratio of 1.37 and a debt-to-equity ratio of 0.06. The firm has a market cap of $138.21 million, a PE ratio of -6.88 and a beta of 0.40. Perma-Fix Environmental Services, Inc. has a 12 month low of $6.91 and a 12 month high of $16.25. The stock has a fifty day moving average price of $8.86 and a 200-day moving average price of $11.26.

Perma-Fix Environmental Services (NASDAQ:PESI) last released its quarterly earnings results on Thursday, March 13th. The industrial products company reported ($0.22) 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 business had revenue of $14.70 million during the quarter, compared to analysts’ expectations of $15.80 million.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On Perma-Fix Environmental Services

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

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.