Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) Shares Purchased by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. boosted its stake in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) by 4.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 746,942 shares of the industrial products company’s stock after buying an additional 30,000 shares during the period. Perma-Fix Environmental Services accounts for approximately 1.1% of Prescott Group Capital Management L.L.C.’s investment portfolio, making the stock its 11th largest holding. Prescott Group Capital Management L.L.C.’s holdings in Perma-Fix Environmental Services were worth $8,269,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. New York State Common Retirement Fund grew its stake in shares of Perma-Fix Environmental Services by 4,300.0% in 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 purchasing an additional 4,300 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Perma-Fix Environmental Services by 17.7% in the third quarter. JPMorgan Chase & Co. now owns 6,308 shares of the industrial products company’s stock worth $77,000 after purchasing an additional 947 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Perma-Fix Environmental Services by 21.6% in 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 purchasing an additional 1,479 shares in the last quarter. DHK Financial Advisors Inc. bought a new position in shares of Perma-Fix Environmental Services in the fourth quarter worth $121,000. Finally, Rhumbline Advisers grew its stake in shares of Perma-Fix Environmental Services by 23.5% in the fourth quarter. Rhumbline Advisers now owns 14,533 shares of the industrial products company’s stock worth $161,000 after purchasing an additional 2,766 shares in the last quarter. 25.52% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Perma-Fix Environmental Services to a “sell” rating in a research note on Tuesday, March 18th.

Perma-Fix Environmental Services Trading Up 6.2%

Shares of PESI stock opened at $10.84 on Friday. The stock has a 50-day simple moving average of $8.25 and a 200 day simple moving average of $9.86. Perma-Fix Environmental Services, Inc. has a fifty-two week low of $6.25 and a fifty-two week high of $16.25. The stock has a market capitalization of $199.94 million, a P/E ratio of -9.94 and a beta of 0.18. The company has a quick ratio of 1.37, a current ratio of 1.42 and a debt-to-equity ratio of 0.06.

Perma-Fix Environmental Services (NASDAQ:PESI) last announced its earnings results on Thursday, May 8th. The industrial products company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.05). Perma-Fix Environmental Services had a negative net margin of 24.44% and a negative return on equity of 21.69%. The firm had revenue of $13.92 million for the quarter, compared to the consensus estimate of $15.30 million. During the same period in the prior year, the business earned ($0.25) EPS.

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.