Polar Asset Management Partners Inc. Takes $1.94 Million Position in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

Polar Asset Management Partners Inc. acquired a new position in shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 175,000 shares of the industrial products company's stock, valued at approximately $1,937,000. Polar Asset Management Partners Inc. owned about 1.10% of Perma-Fix Environmental Services at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. New York State Common Retirement Fund boosted its position in Perma-Fix Environmental Services by 4,300.0% during the 4th 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 during the period. JPMorgan Chase & Co. lifted its holdings in shares of 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 valued at $77,000 after buying an additional 947 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Perma-Fix Environmental Services by 21.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,334 shares of the industrial products company's stock valued at $92,000 after buying an additional 1,479 shares during the period. DHK Financial Advisors Inc. acquired a new stake in shares of Perma-Fix Environmental Services in the fourth quarter valued at $121,000. Finally, Rhumbline Advisers lifted its holdings in shares of Perma-Fix Environmental Services by 23.5% in the fourth quarter. Rhumbline Advisers now owns 14,533 shares of the industrial products company's stock valued at $161,000 after buying an additional 2,766 shares during the period. 25.52% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Perma-Fix Environmental Services to a "sell" rating in a report on Tuesday, March 18th.

Perma-Fix Environmental Services Price Performance

Shares of Perma-Fix Environmental Services stock traded down $0.23 during trading on Friday, hitting $10.63. The stock had a trading volume of 138,363 shares, compared to its average volume of 146,908. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.42 and a quick ratio of 1.37. The firm has a market cap of $196.07 million, a P/E ratio of -9.75 and a beta of 0.18. The business has a fifty day moving average of $8.60 and a two-hundred day moving average of $9.73. Perma-Fix Environmental Services, Inc. has a fifty-two week low of $6.25 and a fifty-two week 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 net margin of 24.44% and a negative return on equity of 21.69%. The firm had revenue of $13.92 million during the quarter, compared to analyst estimates of $15.30 million. During the same quarter last year, the company earned ($0.25) EPS.

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.