MYDA Advisors LLC Purchases New Holdings in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

MYDA Advisors LLC acquired a new stake in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 225,000 shares of the industrial products company's stock, valued at approximately $2,491,000. MYDA Advisors LLC owned 1.42% of Perma-Fix Environmental Services as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. New York State Common Retirement Fund grew its position in Perma-Fix Environmental Services by 4,300.0% in the fourth quarter. New York State Common Retirement Fund now owns 4,400 shares of the industrial products company's stock worth $49,000 after acquiring an additional 4,300 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Perma-Fix Environmental Services by 17.7% in the third quarter. JPMorgan Chase & Co. now owns 6,308 shares of the industrial products company's stock worth $77,000 after purchasing an additional 947 shares in the last quarter. LVW Advisors LLC acquired a new position in Perma-Fix Environmental Services during the fourth quarter worth $111,000. DHK Financial Advisors Inc. acquired a new position in Perma-Fix Environmental Services during the fourth quarter worth $121,000. Finally, Jane Street Group LLC bought a new position in Perma-Fix Environmental Services during the third quarter valued at about $149,000. Hedge funds and other institutional investors own 25.52% of the company's stock.

Perma-Fix Environmental Services Stock Performance

Perma-Fix Environmental Services stock traded up $0.03 on Friday, reaching $8.34. 52,492 shares of the stock were exchanged, compared to its average volume of 141,132. 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 twelve month low of $6.25 and a twelve month high of $16.25. The firm has a fifty day moving average price of $7.59 and a two-hundred day moving average price of $10.58. The stock has a market cap of $153.63 million, a PE ratio of -7.65 and a beta of 0.28.

Perma-Fix Environmental Services (NASDAQ:PESI - Get Free Report) last announced its 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). The business had revenue of $14.70 million for the quarter, compared to the consensus estimate of $15.80 million. Perma-Fix Environmental Services had a negative net margin of 24.44% and a negative return on equity of 21.69%.

Analyst Upgrades and Downgrades

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