Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) Shares Bought by Prescott Group Capital Management L.L.C.

Key Points

• Prescott Group Capital Management L.L.C. increased its stake in Perma-Fix Environmental Services by 4.0%, acquiring an additional 30,200 shares during the first quarter.
• Perma-Fix Environmental Services reported a loss of ($0.19) EPS for the most recent quarter, missing the consensus estimate of ($0.14) EPS.
• Wall Street Zen upgraded Perma-Fix Environmental Services from a "sell" rating to a "hold" rating on June 6th, suggesting a more neutral outlook on the stock.

Prescott Group Capital Management L.L.C. raised its position in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI - Free Report) by 4.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 777,142 shares of the industrial products company's stock after purchasing an additional 30,200 shares during the quarter. Perma-Fix Environmental Services accounts for approximately 0.8% of Prescott Group Capital Management L.L.C.'s holdings, making the stock its 23rd biggest holding. Prescott Group Capital Management L.L.C. owned approximately 4.22% of Perma-Fix Environmental Services worth $5,650,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Brookwood Investment Group LLC purchased a new position in shares of Perma-Fix Environmental Services during the first quarter worth approximately $122,000. Diamond Hill Capital Management Inc. increased its position in shares of Perma-Fix Environmental Services by 32.1% during the first quarter. Diamond Hill Capital Management Inc. now owns 416,662 shares of the industrial products company's stock worth $3,029,000 after acquiring an additional 101,145 shares during the period. Bank of New York Mellon Corp increased its position in shares of Perma-Fix Environmental Services by 5.5% during the first quarter. Bank of New York Mellon Corp now owns 33,883 shares of the industrial products company's stock worth $246,000 after acquiring an additional 1,757 shares during the period. Rhumbline Advisers boosted its stake in shares of Perma-Fix Environmental Services by 18.4% during the first quarter. Rhumbline Advisers now owns 17,204 shares of the industrial products company's stock valued at $125,000 after purchasing an additional 2,671 shares in the last quarter. Finally, GAMMA Investing LLC purchased a new position in Perma-Fix Environmental Services during the first quarter valued at approximately $33,000. 25.52% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Perma-Fix Environmental Services from a "sell" rating to a "hold" rating in a report on Friday, June 6th.

Perma-Fix Environmental Services Stock Down 1.9%

PESI stock traded down $0.23 during trading on Tuesday, hitting $12.10. 103,427 shares of the company's stock traded hands, compared to its average volume of 148,699. The firm has a market capitalization of $223.25 million, a P/E ratio of -9.68 and a beta of 0.28. The business has a fifty day simple moving average of $10.80 and a two-hundred day simple moving average of $9.36. The company has a quick ratio of 2.12, a current ratio of 2.18 and a debt-to-equity ratio of 0.04. Perma-Fix Environmental Services, Inc. has a 1 year low of $6.25 and a 1 year high of $16.25.

Perma-Fix Environmental Services (NASDAQ:PESI - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The industrial products company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.05). The business had revenue of $13.92 million for the quarter, compared to analysts' expectations of $15.30 million. Perma-Fix Environmental Services had a negative net margin of 33.65% and a negative return on equity of 24.56%. During the same period in the previous year, the business earned ($0.25) earnings per share.

About Perma-Fix Environmental Services

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.