Perma-Fix Environmental Services (NASDAQ:PESI) Upgraded to Sell at StockNews.com

StockNews.com upgraded shares of Perma-Fix Environmental Services (NASDAQ:PESI) to a sell rating in a research note issued to investors on Saturday.

Perma-Fix Environmental Services Trading Down 1.6 %

Shares of NASDAQ PESI opened at $14.68 on Friday. The firm has a 50 day moving average price of $12.78 and a two-hundred day moving average price of $11.39. The stock has a market cap of $231.94 million, a P/E ratio of -29.38 and a beta of 0.48. Perma-Fix Environmental Services has a 52-week low of $6.51 and a 52-week high of $16.25. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.52 and a current ratio of 1.56.

Institutional Investors Weigh In On Perma-Fix Environmental Services

Institutional investors and hedge funds have recently made changes to their positions in the stock. Fermata Advisors LLC increased its position in shares of Perma-Fix Environmental Services by 22.9% during the second quarter. Fermata Advisors LLC now owns 15,086 shares of the industrial products company’s stock worth $153,000 after buying an additional 2,811 shares during the period. Bank of New York Mellon Corp acquired a new stake in Perma-Fix Environmental Services during the 2nd quarter worth about $338,000. Van ECK Associates Corp acquired a new stake in Perma-Fix Environmental Services during the 2nd quarter worth about $1,641,000. Rhumbline Advisers bought a new position in shares of Perma-Fix Environmental Services in the 2nd quarter worth about $134,000. Finally, Thompson Siegel & Walmsley LLC bought a new stake in shares of Perma-Fix Environmental Services during the 2nd quarter valued at about $2,421,000. 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.