Prescott Group Capital Management L.L.C. Purchases 30,000 Shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

Prescott Group Capital Management L.L.C. lifted its stake in shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI - Free Report) by 4.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 746,942 shares of the industrial products company's stock after buying an additional 30,000 shares during the period. Perma-Fix Environmental Services comprises approximately 1.1% of Prescott Group Capital Management L.L.C.'s investment portfolio, making the stock its 11th biggest position. Prescott Group Capital Management L.L.C. owned approximately 4.71% of Perma-Fix Environmental Services worth $8,269,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of PESI. New York State Common Retirement Fund boosted its position in Perma-Fix Environmental Services by 4,300.0% during the fourth quarter. New York State Common Retirement Fund now owns 4,400 shares of the industrial products company's stock valued at $49,000 after acquiring an additional 4,300 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Perma-Fix Environmental Services by 17.7% during the third quarter. JPMorgan Chase & Co. now owns 6,308 shares of the industrial products company's stock valued at $77,000 after acquiring an additional 947 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Perma-Fix Environmental Services by 21.6% in the 4th 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 4th quarter valued at about $121,000. Finally, Rhumbline Advisers grew its stake in shares of Perma-Fix Environmental Services by 23.5% in the 4th 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 and hedge funds.

Analyst Ratings Changes

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

Perma-Fix Environmental Services Stock Performance

Shares of Perma-Fix Environmental Services stock traded down $0.15 during mid-day trading on Friday, hitting $10.71. 89,855 shares of the stock were exchanged, compared to its average volume of 146,067. Perma-Fix Environmental Services, Inc. has a 12 month low of $6.25 and a 12 month high of $16.25. The company has a 50-day simple moving average of $8.47 and a 200 day simple moving average of $9.81. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.37 and a current ratio of 1.42. The company has a market capitalization of $197.55 million, a P/E ratio of -9.83 and a beta of 0.18.

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

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.