River & Mercantile Asset Management LLP purchased a new position in Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 155,447 shares of the industrial products company’s stock, valued at approximately $608,000. River & Mercantile Asset Management LLP owned approximately 1.29% of Perma-Fix Environmental Services as of its most recent filing with the Securities & Exchange Commission.
Separately, Heartland Advisors Inc. lifted its stake in shares of Perma-Fix Environmental Services by 4.5% in the second quarter. Heartland Advisors Inc. now owns 1,424,368 shares of the industrial products company’s stock worth $5,569,000 after acquiring an additional 60,901 shares in the last quarter. Hedge funds and other institutional investors own 24.77% of the company’s stock.
Shares of NASDAQ:PESI traded up $0.01 during trading on Friday, hitting $5.26. The company’s stock had a trading volume of 5,526 shares, compared to its average volume of 15,619. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.96 and a current ratio of 0.98. Perma-Fix Environmental Services, Inc. has a fifty-two week low of $1.90 and a fifty-two week high of $5.25. The stock’s 50-day moving average price is $4.08 and its two-hundred day moving average price is $3.94. The company has a market capitalization of $57.33 million, a PE ratio of 475.00 and a beta of 0.88.
In other news, Director Joe Reeder acquired 7,500 shares of the stock in a transaction that occurred on Wednesday, August 28th. The stock was purchased at an average cost of $3.97 per share, with a total value of $29,775.00. Following the completion of the acquisition, the director now directly owns 174,647 shares in the company, valued at $693,348.59. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last three months, insiders purchased 29,794 shares of company stock valued at $117,719. 7.61% of the stock is owned by corporate insiders.
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. It operates in three segments: Treatment, Services, and Medical. 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.
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