PESI Stock Surge: Perma-Fix Environmental Services Gains 5.25%

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Oct 09, 2024

Perma-Fix Environmental Services (PESI, Financial) saw its stock price rise by 5.25%, reaching $13.53 per share with a trading volume of 26,734 shares and a turnover rate of 0.17%. The stock's fluctuation amplitude was 5.34%.

Recent financial reports reveal that PESI generated $13.99 million in revenue but faced a net loss of $3.79 million, translating to an earnings per share (EPS) of -$0.27 and a gross loss of $1.33 million. The company currently holds a price-to-earnings (P/E) ratio of -27.51.

In terms of institutional ratings, one participating broker has given a buy recommendation, with no hold or sell suggestions. Within the waste management sector, where PESI operates, the overall growth was 0.98%. Among its peers, Ambipar Emergency Response and Lanzatech Global, Inc. also experienced notable gains.

PESI is a provider of nuclear services along with management of nuclear and mixed waste. It operates through two segments: the Treatment Segment, which handles processing and disposal of a variety of wastes, and the Services Segment, which generates most of its revenue by offering onsite waste management and other services for commercial and government clients.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.