Mark Duff Buys 1,250 Shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) Stock

Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) CEO Mark Duff acquired 1,250 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The stock was bought at an average price of $10.23 per share, with a total value of $12,787.50. Following the purchase, the chief executive officer now directly owns 112,202 shares of the company’s stock, valued at $1,147,826.46. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Perma-Fix Environmental Services Price Performance

Shares of NASDAQ PESI opened at $9.72 on Friday. The stock has a fifty day moving average price of $10.44 and a 200 day moving average price of $10.49. Perma-Fix Environmental Services, Inc. has a 1-year low of $6.51 and a 1-year high of $14.17. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.56 and a quick ratio of 1.52. The company has a market cap of $153.58 million, a PE ratio of -48.60 and a beta of 0.49.

Perma-Fix Environmental Services (NASDAQ:PESI) last released its earnings results on Thursday, August 8th. The industrial products company reported ($0.26) EPS for the quarter. Perma-Fix Environmental Services had a negative return on equity of 15.78% and a negative net margin of 9.82%. The firm had revenue of $13.99 million during the quarter.

Wall Street Analysts Forecast Growth

PESI has been the subject of a number of research analyst reports. Craig Hallum began coverage on Perma-Fix Environmental Services in a research report on Monday, June 3rd. They issued a “buy” rating and a $18.00 target price for the company. StockNews.com cut shares of Perma-Fix Environmental Services from a “hold” rating to a “sell” rating in a research note on Monday, May 27th.

Hedge Funds Weigh In On Perma-Fix Environmental Services

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Marshall Wace LLP acquired a new stake in shares of Perma-Fix Environmental Services in the 2nd quarter valued at approximately $110,000. Rhumbline Advisers acquired a new position in shares of Perma-Fix Environmental Services during the 2nd quarter worth $134,000. Fermata Advisors LLC lifted its stake in shares of Perma-Fix Environmental Services by 22.9% in the second quarter. Fermata Advisors LLC now owns 15,086 shares of the industrial products company’s stock valued at $153,000 after purchasing an additional 2,811 shares during the period. Quadrature Capital Ltd boosted its holdings in Perma-Fix Environmental Services by 11.6% during the fourth quarter. Quadrature Capital Ltd now owns 34,029 shares of the industrial products company’s stock worth $267,000 after buying an additional 3,545 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in Perma-Fix Environmental Services during the second quarter worth $338,000. Institutional investors and hedge funds own 25.52% of the company’s stock.

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.