MYDA Advisors LLC Has $1.26 Million Holdings in Perma-Fix Environmental Services, Inc. $PESI

MYDA Advisors LLC lifted its holdings in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) by 100.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 100,000 shares of the industrial products company’s stock after acquiring an additional 50,000 shares during the period. MYDA Advisors LLC’s holdings in Perma-Fix Environmental Services were worth $1,259,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake 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 acquiring an additional 1,515 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Perma-Fix Environmental Services by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 422,890 shares of the industrial products company’s stock valued at $5,325,000 after acquiring an additional 1,655 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Perma-Fix Environmental Services by 102.9% in the third quarter. BNP Paribas Financial Markets now owns 3,350 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 1,699 shares in the last quarter. Barclays PLC grew its stake in shares of Perma-Fix Environmental Services by 10.7% in the fourth quarter. Barclays PLC now owns 26,981 shares of the industrial products company’s stock valued at $340,000 after acquiring an additional 2,612 shares in the last quarter. Finally, Rhumbline Advisers grew its stake in shares of Perma-Fix Environmental Services by 18.4% in the first quarter. Rhumbline Advisers now owns 17,204 shares of the industrial products company’s stock valued at $125,000 after acquiring an additional 2,671 shares in the last quarter. 25.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PESI has been the topic of several research reports. Wall Street Zen downgraded shares of Perma-Fix Environmental Services from a “sell” rating to a “strong sell” rating in a research note on Sunday, May 17th. Weiss Ratings cut Perma-Fix Environmental Services from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, May 19th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Perma-Fix Environmental Services has an average rating of “Sell”.

Perma-Fix Environmental Services Trading Down 0.1%

Shares of Perma-Fix Environmental Services stock opened at $10.99 on Monday. The company has a market capitalization of $204.08 million, a price-to-earnings ratio of -11.45 and a beta of 0.52. The company has a quick ratio of 1.17, a current ratio of 1.25 and a debt-to-equity ratio of 0.04. Perma-Fix Environmental Services, Inc. has a 12-month low of $8.02 and a 12-month high of $16.50. The firm’s 50-day moving average price is $10.95 and its two-hundred day moving average price is $12.64.

Perma-Fix Environmental Services (NASDAQ:PESI) last announced its quarterly earnings data on Thursday, May 7th. The industrial products company reported ($0.40) earnings per share (EPS) 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 analyst estimates 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%.

About Perma-Fix Environmental Services

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.