Navellier & Associates Inc. bought a new stake in Perimeter Solutions, SA (NYSE:PRM - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 57,847 shares of the company's stock, valued at approximately $739,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Quarry LP bought a new stake in shares of Perimeter Solutions during the 3rd quarter valued at $52,000. McAdam LLC bought a new stake in Perimeter Solutions in the fourth quarter valued at about $131,000. Orion Portfolio Solutions LLC acquired a new position in Perimeter Solutions in the third quarter valued at about $138,000. Landscape Capital Management L.L.C. bought a new position in Perimeter Solutions during the third quarter worth about $148,000. Finally, Jag Capital Management LLC acquired a new position in shares of Perimeter Solutions during the 3rd quarter worth about $158,000. Institutional investors own 89.93% of the company's stock.
Perimeter Solutions Trading Up 1.6 %
Shares of PRM stock traded up $0.16 on Wednesday, reaching $10.34. The company had a trading volume of 1,274,879 shares, compared to its average volume of 1,182,089. The stock has a market cap of $1.51 billion, a PE ratio of -73.85 and a beta of 1.90. The company has a 50-day moving average of $12.46 and a 200-day moving average of $12.49. The company has a current ratio of 3.91, a quick ratio of 2.95 and a debt-to-equity ratio of 0.67. Perimeter Solutions, SA has a 12 month low of $5.67 and a 12 month high of $14.44.
Perimeter Solutions (NYSE:PRM - Get Free Report) last issued its earnings results on Thursday, February 20th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of ($0.10) by $0.21. The firm had revenue of $86.23 million during the quarter, compared to the consensus estimate of $77.01 million. Perimeter Solutions had a negative net margin of 1.05% and a negative return on equity of 7.62%. On average, equities analysts forecast that Perimeter Solutions, SA will post 0.71 earnings per share for the current year.
About Perimeter Solutions
(
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.
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