MYDA Advisors LLC Invests $2.49 Million in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

MYDA Advisors LLC acquired a new stake in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 225,000 shares of the industrial products company's stock, valued at approximately $2,491,000. MYDA Advisors LLC owned approximately 1.42% of Perma-Fix Environmental Services at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. New York State Common Retirement Fund grew its holdings in Perma-Fix Environmental Services by 4,300.0% during the 4th quarter. New York State Common Retirement Fund now owns 4,400 shares of the industrial products company's stock worth $49,000 after acquiring an additional 4,300 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Perma-Fix Environmental Services by 17.7% in the third quarter. JPMorgan Chase & Co. now owns 6,308 shares of the industrial products company's stock valued at $77,000 after buying an additional 947 shares during the last quarter. LVW Advisors LLC acquired a new stake in Perma-Fix Environmental Services in the fourth quarter valued at $111,000. DHK Financial Advisors Inc. purchased a new stake in Perma-Fix Environmental Services during the 4th quarter worth about $121,000. Finally, Jane Street Group LLC acquired a new position in shares of Perma-Fix Environmental Services during the 3rd quarter worth about $149,000. 25.52% of the stock is currently owned by hedge funds and other institutional investors.

Perma-Fix Environmental Services Stock Down 0.4 %

PESI stock traded down $0.03 during midday trading on Thursday, reaching $8.31. 95,791 shares of the company were exchanged, compared to its average volume of 141,246. The company has a market cap of $153.14 million, a price-to-earnings ratio of -7.62 and a beta of 0.28. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.37 and a current ratio of 1.42. Perma-Fix Environmental Services, Inc. has a 1-year low of $6.25 and a 1-year high of $16.25. The stock's 50-day simple moving average is $7.60 and its 200 day simple moving average is $10.61.

Perma-Fix Environmental Services (NASDAQ:PESI - Get Free Report) last announced its quarterly earnings results on Thursday, March 13th. The industrial products company reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.10). Perma-Fix Environmental Services had a negative return on equity of 21.69% and a negative net margin of 24.44%. The company had revenue of $14.70 million for the quarter, compared to analyst estimates of $15.80 million.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Perma-Fix Environmental Services to a "sell" rating in a research report on Tuesday, March 18th.

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.