Perma-Fix Environmental Services (NASDAQ:PESI) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of Perma-Fix Environmental Services (NASDAQ:PESI) to a sell rating in a research report sent to investors on Saturday.

Perma-Fix Environmental Services Trading Down 1.6 %

PESI opened at $14.68 on Friday. The company has a fifty day moving average price of $12.78 and a two-hundred day moving average price of $11.39. Perma-Fix Environmental Services has a 1-year low of $6.51 and a 1-year high of $16.25. The company has a market cap of $231.94 million, a P/E ratio of -29.38 and a beta of 0.48. The company has a current ratio of 1.56, a quick ratio of 1.52 and a debt-to-equity ratio of 0.05.

Institutional Investors Weigh In On Perma-Fix Environmental Services

Hedge funds and other institutional investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its stake in shares of Perma-Fix Environmental Services by 15.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 40,235 shares of the industrial products company’s stock valued at $494,000 after buying an additional 5,235 shares in the last quarter. Thompson Davis & CO. Inc. boosted its stake in Perma-Fix Environmental Services by 20.7% during the 3rd quarter. Thompson Davis & CO. Inc. now owns 14,305 shares of the industrial products company’s stock valued at $176,000 after purchasing an additional 2,450 shares during the last quarter. Oppenheimer & Co. Inc. bought a new stake in Perma-Fix Environmental Services during the 3rd quarter worth approximately $279,000. Diamond Hill Capital Management Inc. purchased a new stake in shares of Perma-Fix Environmental Services in the third quarter worth approximately $3,065,000. Finally, Chesley Taft & Associates LLC bought a new position in shares of Perma-Fix Environmental Services in the third quarter valued at approximately $368,000. Institutional investors own 25.52% of the company’s stock.

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.