Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) Shares Sold by Ancora Advisors LLC

Ancora Advisors LLC lessened its stake in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI - Free Report) by 40.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 81,878 shares of the industrial products company's stock after selling 54,716 shares during the quarter. Ancora Advisors LLC owned about 0.52% of Perma-Fix Environmental Services worth $906,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Northern Trust Corp increased its holdings in Perma-Fix Environmental Services by 7.2% in the 4th quarter. Northern Trust Corp now owns 120,758 shares of the industrial products company's stock valued at $1,337,000 after purchasing an additional 8,116 shares in the last quarter. Boothbay Fund Management LLC acquired a new position in Perma-Fix Environmental Services during the 4th quarter worth approximately $480,000. Heights Capital Management Inc. purchased a new position in Perma-Fix Environmental Services in the 4th quarter worth approximately $221,000. MYDA Advisors LLC acquired a new stake in Perma-Fix Environmental Services in the fourth quarter valued at approximately $2,491,000. Finally, Dimensional Fund Advisors LP raised its stake in shares of Perma-Fix Environmental Services by 25.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 111,619 shares of the industrial products company's stock valued at $1,235,000 after purchasing an additional 22,633 shares during the period. 25.52% of the stock is owned by hedge funds and other institutional investors.

Perma-Fix Environmental Services Stock Down 1.2 %

NASDAQ PESI traded down $0.11 during mid-day trading on Friday, reaching $9.39. 280,123 shares of the company's stock traded hands, compared to its average volume of 144,131. The company has a fifty day simple moving average of $7.71 and a 200-day simple moving average of $10.17. Perma-Fix Environmental Services, Inc. has a 1-year low of $6.25 and a 1-year high of $16.25. The company has a market cap of $173.04 million, a price-to-earnings ratio of -8.61 and a beta of 0.18. 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 (NASDAQ:PESI - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The industrial products company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.05). The company had revenue of $13.92 million during the quarter, compared to the consensus estimate of $15.30 million. Perma-Fix Environmental Services had a negative return on equity of 21.69% and a negative net margin of 24.44%. During the same quarter last year, the firm posted ($0.25) EPS.

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 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.