Perma-Fix Environmental Services, Inc. $PESI Stock Holdings Lifted by North Star Investment Management Corp.

North Star Investment Management Corp. increased its position in shares of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) by 2,639.4% during the first quarter, Holdings Channel reports. The fund owned 120,532 shares of the industrial products company’s stock after acquiring an additional 116,132 shares during the quarter. North Star Investment Management Corp.’s holdings in Perma-Fix Environmental Services were worth $1,288,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. BNP Paribas Financial Markets boosted its stake in Perma-Fix Environmental Services by 102.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,350 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 1,699 shares during the period. Capital Advisors Ltd. LLC acquired a new stake in Perma-Fix Environmental Services during the 1st quarter valued at $53,000. MetLife Investment Management LLC lifted its holdings in shares of Perma-Fix Environmental Services by 171.6% in the fourth quarter. MetLife Investment Management LLC now owns 9,154 shares of the industrial products company’s stock valued at $115,000 after purchasing an additional 5,784 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Perma-Fix Environmental Services by 18.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,849 shares of the industrial products company’s stock valued at $72,000 after purchasing an additional 1,515 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of Perma-Fix Environmental Services in the first quarter valued at $77,000. Hedge funds and other institutional investors own 25.52% of the company’s stock.

Perma-Fix Environmental Services Stock Performance

Shares of NASDAQ PESI opened at $13.13 on Tuesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.25 and a quick ratio of 1.17. Perma-Fix Environmental Services, Inc. has a one year low of $8.02 and a one year high of $16.50. The business’s 50-day moving average price is $10.82 and its two-hundred day moving average price is $12.51. The company has a market capitalization of $278.36 million, a P/E ratio of -13.68 and a beta of 0.52.

Perma-Fix Environmental Services (NASDAQ:PESI) last posted its quarterly earnings results on Thursday, May 7th. The industrial products company reported ($0.40) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.16). The firm had revenue of $11.13 million for the quarter, compared to analysts’ expectations of $12.95 million. Perma-Fix Environmental Services had a negative return on equity of 28.55% and a negative net margin of 30.06%.

Wall Street Analyst Weigh In

PESI has been the topic of a number of research analyst reports. Weiss Ratings upgraded Perma-Fix Environmental Services from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday. Wall Street Zen lowered Perma-Fix Environmental Services from a “sell” rating to a “strong sell” rating in a research report on Sunday, May 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Perma-Fix Environmental Services Profile

Perma-Fix Environmental Services, Inc (NASDAQ: PESI) is a specialized provider of environmental and nuclear waste management solutions. The company offers a comprehensive suite of services, including treatment, recycling, processing, volume reduction and disposal of hazardous, radioactive and mixed wastes. Its capabilities span thermal, chemical and physical treatment technologies, supported by a network of licensed facilities designed to handle complex waste streams.

Founded in 1994 and headquartered in Atlanta, Georgia, Perma-Fix has grown both organically and through strategic acquisitions.