AWM Investment Company Inc. Makes New Investment in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

AWM Investment Company Inc. acquired a new position in shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 400,000 shares of the industrial products company's stock, valued at approximately $4,428,000. AWM Investment Company Inc. owned about 2.52% of Perma-Fix Environmental Services as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Polar Asset Management Partners Inc. purchased a new stake in shares of Perma-Fix Environmental Services in the fourth quarter valued at approximately $1,937,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Perma-Fix Environmental Services by 21.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,334 shares of the industrial products company's stock worth $92,000 after purchasing an additional 1,479 shares in the last quarter. Deutsche Bank AG grew its stake in shares of Perma-Fix Environmental Services by 4,235.9% during the 4th quarter. Deutsche Bank AG now owns 15,479 shares of the industrial products company's stock worth $171,000 after purchasing an additional 15,122 shares during the period. Bank of America Corp DE increased its holdings in shares of Perma-Fix Environmental Services by 34.6% in the 4th quarter. Bank of America Corp DE now owns 14,789 shares of the industrial products company's stock valued at $164,000 after purchasing an additional 3,803 shares in the last quarter. Finally, Alyeska Investment Group L.P. purchased a new position in shares of Perma-Fix Environmental Services in the 4th quarter valued at about $7,749,000. Institutional investors and hedge funds own 25.52% of the company's stock.

Perma-Fix Environmental Services Price Performance

Shares of PESI traded up $0.63 on Monday, reaching $10.84. The stock had a trading volume of 244,830 shares, compared to its average volume of 145,833. The company has a quick ratio of 1.37, a current ratio of 1.42 and a debt-to-equity ratio of 0.06. The firm has a 50-day moving average of $8.25 and a 200 day moving average of $9.82. The firm has a market capitalization of $199.94 million, a PE ratio of -9.94 and a beta of 0.18. Perma-Fix Environmental Services, Inc. has a twelve month low of $6.25 and a twelve month high of $16.25.

Perma-Fix Environmental Services (NASDAQ:PESI - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The industrial products company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.05). Perma-Fix Environmental Services had a negative return on equity of 21.69% and a negative net margin of 24.44%. The company had revenue of $13.92 million for the quarter, compared to analyst estimates of $15.30 million. During the same period in the prior year, the business earned ($0.25) earnings per share.

Wall Street Analyst Weigh In

Separately, Wall Street Zen 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.