Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $4.07 and traded as high as $4.59. Perma-Fix Environmental Services shares last traded at $4.59, with a volume of 123 shares changing hands.
Separately, TheStreet raised shares of Perma-Fix Environmental Services from a “d+” rating to a “c-” rating in a report on Monday, October 14th.
The business’s fifty day moving average is $4.41 and its two-hundred day moving average is $4.07. The company has a quick ratio of 0.96, a current ratio of 0.98 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $53.11 million, a PE ratio of 440.00 and a beta of 0.88.
In other Perma-Fix Environmental Services news, Director Joe Reeder bought 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, August 28th. The stock was purchased at an average cost of $3.97 per share, with a total value of $29,775.00. Following the completion of the acquisition, the director now owns 174,647 shares in the company, valued at approximately $693,348.59. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last three months, insiders purchased 29,794 shares of company stock valued at $117,719. 7.61% of the stock is currently owned by insiders.
Several hedge funds have recently bought and sold shares of PESI. Chesley Taft & Associates LLC grew its holdings in shares of Perma-Fix Environmental Services by 172.4% in the third quarter. Chesley Taft & Associates LLC now owns 39,500 shares of the industrial products company’s stock valued at $179,000 after purchasing an additional 25,000 shares in the last quarter. River & Mercantile Asset Management LLP purchased a new position in shares of Perma-Fix Environmental Services in the second quarter valued at $608,000. Vanguard Group Inc. grew its holdings in shares of Perma-Fix Environmental Services by 7.0% in the second quarter. Vanguard Group Inc. now owns 262,057 shares of the industrial products company’s stock valued at $1,024,000 after purchasing an additional 17,200 shares in the last quarter. Finally, Heartland Advisors Inc. grew its holdings in shares of Perma-Fix Environmental Services by 4.5% in the second quarter. Heartland Advisors Inc. now owns 1,424,368 shares of the industrial products company’s stock valued at $5,569,000 after purchasing an additional 60,901 shares in the last quarter. 24.98% of the stock is owned by hedge funds and other institutional investors.
About Perma-Fix Environmental Services (NASDAQ:PESI)
Perma-Fix Environmental Services, Inc, through its subsidiaries, operates as an environmental and technology know-how company in the United States. It operates in three segments: Treatment, Services, and Medical. 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.
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