Diametric Capital LP Trims Holdings in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

Diametric Capital LP reduced its position in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI - Free Report) by 72.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 15,491 shares of the industrial products company's stock after selling 40,204 shares during the period. Diametric Capital LP owned 0.10% of Perma-Fix Environmental Services worth $171,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in PESI. New York State Common Retirement Fund increased its position in shares of Perma-Fix Environmental Services by 4,300.0% during the fourth quarter. New York State Common Retirement Fund now owns 4,400 shares of the industrial products company's stock valued at $49,000 after buying an additional 4,300 shares during the period. JPMorgan Chase & Co. boosted its stake in Perma-Fix Environmental Services by 17.7% during 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 period. BNP Paribas Financial Markets increased its position in shares of Perma-Fix Environmental Services by 54.4% in the third quarter. BNP Paribas Financial Markets now owns 6,994 shares of the industrial products company's stock worth $86,000 after purchasing an additional 2,463 shares during the last quarter. MetLife Investment Management LLC grew its stake in Perma-Fix Environmental Services by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 7,543 shares of the industrial products company's stock worth $93,000 after buying an additional 4,250 shares in the last quarter. Finally, LVW Advisors LLC bought a new position in shares of Perma-Fix Environmental Services in the 4th quarter worth $111,000. 25.52% of the stock is owned by hedge funds and other institutional investors.

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Perma-Fix Environmental Services Price Performance

Shares of PESI stock traded up $0.04 during trading hours on Monday, hitting $6.77. 106,208 shares of the company's stock were exchanged, compared to its average volume of 135,754. The company has a market capitalization of $124.74 million, a PE ratio of -6.15 and a beta of 0.28. The company has a current ratio of 1.42, a quick ratio of 1.37 and a debt-to-equity ratio of 0.06. Perma-Fix Environmental Services, Inc. has a 12-month low of $6.25 and a 12-month high of $16.25. The business's 50 day simple moving average is $8.30 and its 200-day simple moving average is $11.05.

Perma-Fix Environmental Services (NASDAQ:PESI - Get Free Report) last posted its quarterly earnings results on Thursday, March 13th. The industrial products company reported ($0.22) earnings per share 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 business had revenue of $14.70 million during the quarter, compared to the consensus estimate of $15.80 million.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Perma-Fix Environmental Services to a "sell" rating in a 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.