D.A. Davidson & CO. Invests $691,000 in Perimeter Solutions, SA (NYSE:PRM)

D.A. Davidson & CO. purchased a new stake in shares of Perimeter Solutions, SA (NYSE:PRM - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 54,050 shares of the company's stock, valued at approximately $691,000.

Several other institutional investors have also recently made changes to their positions in the company. Principal Financial Group Inc. grew its position in Perimeter Solutions by 1.5% during the fourth quarter. Principal Financial Group Inc. now owns 10,694,289 shares of the company's stock worth $136,673,000 after buying an additional 160,564 shares in the last quarter. Rhumbline Advisers boosted its position in shares of Perimeter Solutions by 1.3% during the 4th quarter. Rhumbline Advisers now owns 208,189 shares of the company's stock valued at $2,661,000 after acquiring an additional 2,627 shares during the last quarter. Catawba River Capital purchased a new position in shares of Perimeter Solutions during the fourth quarter worth about $7,658,000. Entropy Technologies LP bought a new position in shares of Perimeter Solutions in the fourth quarter worth approximately $305,000. Finally, Bleakley Financial Group LLC raised its stake in Perimeter Solutions by 6.7% in the fourth quarter. Bleakley Financial Group LLC now owns 28,380 shares of the company's stock valued at $363,000 after purchasing an additional 1,778 shares in the last quarter. Institutional investors own 89.93% of the company's stock.

Perimeter Solutions Price Performance

PRM stock traded up $0.38 during midday trading on Friday, reaching $10.58. The company had a trading volume of 1,270,260 shares, compared to its average volume of 1,184,143. The firm has a 50-day moving average price of $12.37 and a 200-day moving average price of $12.46. The company has a market capitalization of $1.55 billion, a P/E ratio of -75.53 and a beta of 1.90. Perimeter Solutions, SA has a 1 year low of $5.97 and a 1 year high of $14.44. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.91 and a quick ratio of 2.95.

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Perimeter Solutions (NYSE:PRM - Get Free Report) last announced 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 during the quarter, compared to analyst estimates 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, research analysts anticipate that Perimeter Solutions, SA will post 0.71 earnings per share for the current fiscal year.

Perimeter Solutions Profile

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.