Essex Investment Management Co. LLC Trims Stock Position in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

Essex Investment Management Co. LLC trimmed its holdings in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) by 12.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 192,333 shares of the industrial products company’s stock after selling 27,384 shares during the period. Essex Investment Management Co. LLC owned approximately 1.21% of Perma-Fix Environmental Services worth $2,129,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its stake in shares of 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 during the last quarter. Thompson Davis & CO. Inc. lifted its position in Perma-Fix Environmental Services by 20.7% in the third quarter. Thompson Davis & CO. Inc. now owns 14,305 shares of the industrial products company’s stock valued at $176,000 after buying an additional 2,450 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in Perma-Fix Environmental Services by 54.4% during the third quarter. BNP Paribas Financial Markets now owns 6,994 shares of the industrial products company’s stock worth $86,000 after buying an additional 2,463 shares during the period. Rhumbline Advisers increased its position in shares of Perma-Fix Environmental Services by 23.5% during the fourth quarter. Rhumbline Advisers now owns 14,533 shares of the industrial products company’s stock valued at $161,000 after acquiring an additional 2,766 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Perma-Fix Environmental Services by 13.8% during the fourth quarter. Bank of New York Mellon Corp now owns 32,126 shares of the industrial products company’s stock valued at $356,000 after acquiring an additional 3,899 shares during the last quarter. Institutional investors and hedge funds own 25.52% of the company’s stock.

Analyst Ratings Changes

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

Perma-Fix Environmental Services Price Performance

PESI stock opened at $7.62 on Monday. The business’s fifty day moving average price is $9.69 and its 200 day moving average price is $11.53. Perma-Fix Environmental Services, Inc. has a 12-month low of $7.35 and a 12-month high of $16.25. 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 company has a market capitalization of $120.75 million, a PE ratio of -6.99 and a beta of 0.40.

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.