Renaissance Technologies LLC Sells 65,000 Shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)

Renaissance Technologies LLC trimmed its position in shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI - Free Report) by 65.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,796 shares of the industrial products company's stock after selling 65,000 shares during the period. Renaissance Technologies LLC owned approximately 0.22% of Perma-Fix Environmental Services worth $385,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. New York State Common Retirement Fund increased its stake in Perma-Fix Environmental Services by 4,300.0% in 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 period. JPMorgan Chase & Co. boosted its stake in shares of Perma-Fix Environmental Services by 17.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,308 shares of the industrial products company's stock valued at $77,000 after purchasing an additional 947 shares in the last quarter. LVW Advisors LLC bought a new stake in shares of Perma-Fix Environmental Services in the 4th quarter worth about $111,000. DHK Financial Advisors Inc. acquired a new position in shares of Perma-Fix Environmental Services in the 4th quarter worth approximately $121,000. Finally, Jane Street Group LLC bought a new position in shares of Perma-Fix Environmental Services in the 3rd quarter valued at about $149,000. Institutional investors own 25.52% of the company's stock.

Perma-Fix Environmental Services Stock Down 4.5 %

Shares of NASDAQ PESI traded down $0.43 during midday trading on Friday, reaching $9.07. The company's stock had a trading volume of 189,440 shares, compared to its average volume of 143,369. The stock has a 50 day simple moving average of $7.68 and a 200-day simple moving average of $10.24. The company has a current ratio of 1.42, a quick ratio of 1.37 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $167.14 million, a price-to-earnings ratio of -8.32 and a beta of 0.18. 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 posted its quarterly earnings results on Wednesday, May 7th. The industrial products company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.05). The company had revenue of $13.92 million for the quarter, compared to analyst estimates of $15.30 million. Perma-Fix Environmental Services had a negative return on equity of 21.69% and a negative net margin of 24.44%. During the same period last year, the firm earned ($0.25) EPS.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Perma-Fix Environmental Services to a "sell" rating in a report on Tuesday, March 18th.

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.