Perma-Fix Environmental Services (NASDAQ:PESI) Stock Price Crosses Above Two Hundred Day Moving Average of $8.99

Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $8.99 and traded as high as $12.18. Perma-Fix Environmental Services shares last traded at $12.06, with a volume of 59,542 shares changing hands.

Analysts Set New Price Targets

PESI has been the subject of a number of research analyst reports. StockNews.com raised Perma-Fix Environmental Services from a “hold” rating to a “buy” rating in a research report on Monday. TheStreet raised Perma-Fix Environmental Services from a “d+” rating to a “c-” rating in a research report on Thursday, February 22nd.

Perma-Fix Environmental Services Trading Up 3.1 %

The company has a current ratio of 1.18, a quick ratio of 1.13 and a debt-to-equity ratio of 0.07. The stock has a 50-day simple moving average of $10.73 and a two-hundred day simple moving average of $8.99. The firm has a market capitalization of $164.86 million, a P/E ratio of 402.13 and a beta of 0.50.

Perma-Fix Environmental Services (NASDAQ:PESI) last released its quarterly earnings results on Wednesday, March 13th. The industrial products company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. The firm had revenue of $22.72 million during the quarter, compared to analyst estimates of $22.30 million. Perma-Fix Environmental Services had a return on equity of 2.38% and a net margin of 0.54%. On average, equities research analysts anticipate that Perma-Fix Environmental Services, Inc. will post -0.11 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Barclays PLC bought a new position in shares of Perma-Fix Environmental Services in the 3rd quarter worth $69,000. Fermata Advisors LLC bought a new position in shares of Perma-Fix Environmental Services in the 4th quarter worth $90,000. Acadian Asset Management LLC bought a new position in shares of Perma-Fix Environmental Services in the 3rd quarter worth $102,000. Jump Financial LLC bought a new position in shares of Perma-Fix Environmental Services in the 3rd quarter worth $168,000. Finally, Bailard Inc. purchased a new position in Perma-Fix Environmental Services during the 4th quarter worth $249,000. 25.52% of the stock is owned by institutional investors.

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.