Perma-Fix Environmental Services (PESI) Sees Stock Surge Amid Positive Analyst Sentiment

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Oct 15, 2024

Perma-Fix Environmental Services (PESI, Financial) experienced a notable stock increase of 5.09%, reaching $13.83 per share, with a trading volume of 47,656 shares and a turnover rate of 0.30%. The stock's price volatility was recorded at 5.05%.

In its latest financial report, Perma-Fix reported a revenue of $13.99 million but faced a net loss of $3.79 million, resulting in an EPS of -$0.27 and a gross profit of -$1.33 million. The company currently holds a P/E ratio of -28.14.

Despite these financial challenges, the sole participating analyst recommends a "buy" rating for the stock, with no suggestions to hold or sell.

Within the waste management sector, the overall increase was 0.72%, with stocks like Montrose Environmental Group, Inc., Perma-Fix Environmental Services, and Greenwave Technology Solutions, Inc. showing significant gains. Additionally, Greenwave Technology Solutions, Inc., Chen Dao Tong Environmental Technology, and Montrose Environmental Group, Inc. demonstrated high trading activities, with turnover rates of 4.00%, 2.56%, and 2.03%, respectively. Notably, Montrose Environmental Group, Inc. exhibited the highest price volatility at 18.91%.

Perma-Fix Environmental Services specializes in nuclear services and waste management, operating through two main segments. The treatment segment handles various types of waste processing and disposal, while the services segment, which generates most of its revenue, offers on-site waste management and technical 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.