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AlphaQuest LLC Makes New Investment in Perimeter Solutions, SA (NYSE:PRM)

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AlphaQuest LLC acquired a new position in shares of Perimeter Solutions, SA (NYSE:PRM - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 43,300 shares of the company's stock, valued at approximately $553,000.

Several other large investors also recently modified their holdings of PRM. Catawba River Capital acquired a new stake in shares of Perimeter Solutions during the 4th quarter worth $7,658,000. Ieq Capital LLC acquired a new stake in shares of Perimeter Solutions during the 4th quarter worth $6,698,000. DF Dent & Co. Inc. grew its holdings in shares of Perimeter Solutions by 27.4% during the 3rd quarter. DF Dent & Co. Inc. now owns 2,341,963 shares of the company's stock worth $31,499,000 after purchasing an additional 504,146 shares in the last quarter. FMR LLC grew its holdings in shares of Perimeter Solutions by 2,993.1% during the 3rd quarter. FMR LLC now owns 307,426 shares of the company's stock worth $4,135,000 after purchasing an additional 297,487 shares in the last quarter. Finally, Pennant Select LLC grew its holdings in shares of Perimeter Solutions by 41.6% during the 3rd quarter. Pennant Select LLC now owns 814,000 shares of the company's stock worth $10,948,000 after purchasing an additional 239,000 shares in the last quarter. 89.93% of the stock is owned by institutional investors and hedge funds.

Perimeter Solutions Stock Performance

PRM opened at $9.39 on Thursday. The firm has a market cap of $1.40 billion, a P/E ratio of -67.03 and a beta of 1.93. Perimeter Solutions, SA has a 52-week low of $6.01 and a 52-week high of $14.44. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.95 and a current ratio of 3.91. The business's fifty day moving average is $11.75 and its 200-day moving average is $12.40.

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Perimeter Solutions (NYSE:PRM - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.21. The company had revenue of $86.23 million for the quarter, compared to analyst estimates of $77.01 million. Perimeter Solutions had a negative return on equity of 7.62% and a negative net margin of 1.05%. Sell-side analysts expect that Perimeter Solutions, SA will post 0.71 EPS for the current fiscal 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.

Further Reading

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

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