ARS Investment Partners LLC Reduces Stock Holdings in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

ARS Investment Partners LLC reduced its holdings in shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) by 39.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 83,239 shares of the industrial products company’s stock after selling 54,813 shares during the period. ARS Investment Partners LLC owned about 0.53% of Perma-Fix Environmental Services worth $921,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of PESI. Bank of New York Mellon Corp bought a new stake in shares of Perma-Fix Environmental Services during the 2nd quarter worth approximately $338,000. Rhumbline Advisers bought a new stake in shares of Perma-Fix Environmental Services during the 2nd quarter worth approximately $134,000. Dimensional Fund Advisors LP lifted its stake in shares of Perma-Fix Environmental Services by 21.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 78,506 shares of the industrial products company’s stock worth $795,000 after acquiring an additional 13,949 shares during the last quarter. Apis Capital Advisors LLC lifted its stake in shares of Perma-Fix Environmental Services by 30.4% during the 2nd quarter. Apis Capital Advisors LLC now owns 60,000 shares of the industrial products company’s stock worth $608,000 after acquiring an additional 14,000 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in Perma-Fix Environmental Services during the 2nd quarter valued at $110,000. 25.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Perma-Fix Environmental Services to a “sell” rating in a research report on Wednesday, December 11th.

Perma-Fix Environmental Services Price Performance

PESI opened at $10.95 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.42 and a quick ratio of 1.37. Perma-Fix Environmental Services, Inc. has a 12 month low of $7.63 and a 12 month high of $16.25. The stock has a fifty day moving average price of $12.00 and a 200-day moving average price of $11.87.

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.