Free Trial

Perma-Fix Environmental Services (NASDAQ:PESI) Stock Crosses Above 200-Day Moving Average - What's Next?

Perma-Fix Environmental Services logo with Industrial Products background

Perma-Fix Environmental Services, Inc. (NASDAQ:PESI - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.10 and traded as high as $14.56. Perma-Fix Environmental Services shares last traded at $14.40, with a volume of 52,040 shares changing hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Perma-Fix Environmental Services to a "sell" rating in a report on Wednesday, October 16th.

Check Out Our Latest Stock Analysis on PESI

Perma-Fix Environmental Services Trading Up 0.6 %

The firm has a market capitalization of $228.77 million, a PE ratio of -71.55 and a beta of 0.49. The business has a fifty day moving average price of $11.77 and a two-hundred day moving average price of $11.10. The company has a current ratio of 1.56, a quick ratio of 1.52 and a debt-to-equity ratio of 0.05.

Perma-Fix Environmental Services (NASDAQ:PESI - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The industrial products company reported ($0.26) EPS for the quarter. The company had revenue of $13.99 million during the quarter. Perma-Fix Environmental Services had a negative return on equity of 15.78% and a negative net margin of 9.82%.

Institutional Trading of Perma-Fix Environmental Services

Several hedge funds have recently made changes to their positions in PESI. Marshall Wace LLP acquired a new stake in Perma-Fix Environmental Services during the 2nd quarter worth approximately $110,000. Rhumbline Advisers purchased a new stake in shares of Perma-Fix Environmental Services in the 2nd quarter valued at approximately $134,000. Fermata Advisors LLC raised its holdings in shares of Perma-Fix Environmental Services by 22.9% in the 2nd quarter. Fermata Advisors LLC now owns 15,086 shares of the industrial products company's stock valued at $153,000 after purchasing an additional 2,811 shares in the last quarter. Quent Capital LLC purchased a new stake in shares of Perma-Fix Environmental Services during the 3rd quarter worth $198,000. Finally, Quadrature Capital Ltd grew its stake in shares of Perma-Fix Environmental Services by 11.6% during the fourth quarter. Quadrature Capital Ltd now owns 34,029 shares of the industrial products company's stock worth $267,000 after purchasing an additional 3,545 shares in the last quarter. Institutional investors and hedge funds own 25.52% of the company's stock.

Perma-Fix Environmental Services Company Profile

(Get Free Report)

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.

Read More

Should you invest $1,000 in Perma-Fix Environmental Services right now?

Before you consider Perma-Fix Environmental Services, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Perma-Fix Environmental Services wasn't on the list.

While Perma-Fix Environmental Services currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Palo Alto Networks Gains Momentum: What’s Next for This Cybersecurity Giant?

Palo Alto Networks Gains Momentum: What’s Next for This Cybersecurity Giant?

With earnings on the horizon, will Palo Alto Networks continue its rally through Q4? Find out what analysts and investors are predicting.

Related Videos

3 Momentum Stock Picks With Room to Run

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines