Perma-Fix Environmental Services (NASDAQ:PESI) Issues Quarterly Earnings Results

Perma-Fix Environmental Services (NASDAQ:PESI - Get Free Report) posted its earnings results on Thursday. The industrial products company reported ($0.25) earnings per share for the quarter, meeting the consensus estimate of ($0.25), Zacks reports. Perma-Fix Environmental Services had a negative net margin of 3.20% and a negative return on equity of 5.73%. The firm had revenue of $13.62 million during the quarter, compared to the consensus estimate of $16.40 million. During the same period last year, the firm posted ($0.02) EPS.

Perma-Fix Environmental Services Price Performance

Shares of PESI traded up $0.50 during trading hours on Friday, hitting $12.58. 66,078 shares of the company were exchanged, compared to its average volume of 110,527. Perma-Fix Environmental Services has a one year low of $6.51 and a one year high of $14.17. The firm has a fifty day simple moving average of $11.06 and a 200-day simple moving average of $9.08. The company has a market capitalization of $171.97 million, a PE ratio of -62.90 and a beta of 0.50. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.18 and a quick ratio of 1.13.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. TheStreet raised Perma-Fix Environmental Services from a "d+" rating to a "c-" rating in a research report on Thursday, February 22nd. StockNews.com upgraded Perma-Fix Environmental Services from a "hold" rating to a "buy" rating in a research report on Monday, May 6th.

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.