Perma-Fix Environmental Services (NASDAQ:PESI) Downgraded to “Sell” at ValuEngine

ValuEngine downgraded shares of Perma-Fix Environmental Services (NASDAQ:PESI) from a hold rating to a sell rating in a report published on Thursday morning, ValuEngine reports.

Separately, TheStreet upgraded shares of Perma-Fix Environmental Services from a d+ rating to a c- rating in a report on Monday, October 14th.

Shares of PESI traded up $0.30 during trading hours on Thursday, reaching $7.05. 32,900 shares of the stock traded hands, compared to its average volume of 85,924. The company’s 50-day moving average price is $5.10 and its two-hundred day moving average price is $4.23. Perma-Fix Environmental Services has a 52-week low of $1.90 and a 52-week high of $7.45. The company has a current ratio of 1.00, a quick ratio of 0.98 and a debt-to-equity ratio of 0.20. The company has a market cap of $81.56 million, a P/E ratio of 675.00 and a beta of 0.88.

In other Perma-Fix Environmental Services news, Director Joe Reeder bought 7,500 shares of Perma-Fix Environmental Services stock in a transaction dated Wednesday, August 28th. The shares were purchased at an average cost of $3.97 per share, for a total transaction of $29,775.00. Following the acquisition, the director now directly owns 174,647 shares in the company, valued at approximately $693,348.59. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last 90 days, insiders bought 26,794 shares of company stock worth $106,249. Insiders own 7.61% of the company’s stock.

A number of large investors have recently modified their holdings of PESI. Chesley Taft & Associates LLC grew its holdings in Perma-Fix Environmental Services by 172.4% during the 3rd 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 during the last quarter. River & Mercantile Asset Management LLP bought a new position in Perma-Fix Environmental Services during the 2nd quarter valued at about $608,000. Vanguard Group Inc. grew its holdings in Perma-Fix Environmental Services by 7.0% during the 2nd 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 during the last quarter. Finally, Heartland Advisors Inc. grew its holdings in Perma-Fix Environmental Services by 4.5% during the 2nd 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 during the last quarter. Institutional investors own 23.71% of the company’s stock.

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. 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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