Rpo LLC Invests $81,000 in Perimeter Solutions, SA (NYSE:PRM)

Rpo LLC acquired a new position in Perimeter Solutions, SA (NYSE:PRMFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 17,514 shares of the company’s stock, valued at approximately $81,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Gitterman Wealth Management LLC grew its holdings in Perimeter Solutions by 11.4% during the fourth quarter. Gitterman Wealth Management LLC now owns 20,167 shares of the company’s stock valued at $93,000 after purchasing an additional 2,057 shares during the period. Dynamic Technology Lab Private Ltd boosted its holdings in shares of Perimeter Solutions by 4.4% in the fourth quarter. Dynamic Technology Lab Private Ltd now owns 58,645 shares of the company’s stock worth $270,000 after acquiring an additional 2,462 shares during the period. Quadrant Capital Group LLC boosted its holdings in shares of Perimeter Solutions by 136.5% in the fourth quarter. Quadrant Capital Group LLC now owns 5,540 shares of the company’s stock worth $25,000 after acquiring an additional 3,198 shares during the period. Raymond James & Associates boosted its holdings in shares of Perimeter Solutions by 8.6% in the third quarter. Raymond James & Associates now owns 53,894 shares of the company’s stock worth $245,000 after acquiring an additional 4,270 shares during the period. Finally, Aprio Wealth Management LLC boosted its holdings in shares of Perimeter Solutions by 39.7% in the fourth quarter. Aprio Wealth Management LLC now owns 21,450 shares of the company’s stock worth $99,000 after acquiring an additional 6,098 shares during the period. 89.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised their price target on Perimeter Solutions from $6.50 to $7.00 and gave the stock a “neutral” rating in a report on Tuesday, March 26th.

View Our Latest Analysis on Perimeter Solutions

Perimeter Solutions Price Performance

NYSE:PRM traded down $0.01 during trading hours on Wednesday, hitting $7.50. 41,990 shares of the company’s stock traded hands, compared to its average volume of 773,596. The firm has a market cap of $1.09 billion, a P/E ratio of -32.70 and a beta of 1.97. Perimeter Solutions, SA has a 52 week low of $2.79 and a 52 week high of $8.18. The business’s fifty day simple moving average is $7.37 and its two-hundred day simple moving average is $5.72. The company has a quick ratio of 1.47, a current ratio of 3.79 and a debt-to-equity ratio of 0.64.

Perimeter Solutions (NYSE:PRMGet Free Report) last released its quarterly earnings results on Thursday, May 9th. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.04). The firm had revenue of $59.04 million for the quarter, compared to analysts’ expectations of $55.00 million. Perimeter Solutions had a negative net margin of 7.26% and a positive return on equity of 0.27%. During the same quarter in the previous year, the business earned ($0.05) EPS. On average, research analysts anticipate that Perimeter Solutions, SA will post 0.33 earnings per share for the current fiscal year.

Perimeter Solutions Company Profile

(Free Report)

Perimeter Solutions, SA manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally. It operates in two segments, Fire Safety and Specialty Products. The Fire Safety segment provides fire retardants and firefighting foams, as well as specialized equipment and services for federal, state, provincial, local/municipal, and commercial customers.

See Also

Institutional Ownership by Quarter for Perimeter Solutions (NYSE:PRM)

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