A summary reaction.
Perma-Fix Environmental Services (PESI) Announces Quarterly Earnings Results
Posted by Wayne Rhoads on Nov 4th, 2015 // No Comments
Perma-Fix Environmental Services logoPerma-Fix Environmental Services (NASDAQ:PESI) announced its earnings results on Wednesday. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.15 by $0.03, Analyst Ratings.Net reports. The business had revenue of $17.30 million for the quarter, compared to analysts’ expectations of $18.55 million.
Several analysts have commented on the stock. Zacks cut shares of Perma-Fix Environmental Services from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. TheStreet raised shares of Perma-Fix Environmental Services from a “sell” rating to a “hold” rating in a research report on Tuesday, August 25th.
Perma-Fix Environmental Services (NASDAQ:PESI) traded down 4.2329% during trading on Wednesday, reaching $4.0701. 179,800 shares of the company’s stock were exchanged. The firm’s 50-day moving average price is $4.15 and its 200-day moving average price is $3.84. The firm has a market cap of $46.91 million and a price-to-earnings ratio of 101.7525. Perma-Fix Environmental Services has a 12 month low of $3.32 and a 12 month high of $5.01.
Perma-Fix Environmental Services, Inc. is an environmental and environmental technology know how business. The Business operates in two segments: Treatment Section as well as the Services Segment. The therapy Section comprises nuclear, low level radioactive, mixed, dangerous and non-hazardous waste treatment, processing and disposal services. The Services Segment consists of specialized services onsite waste management and nuclear services. The business is also associated with the research and development (NASDAQ:PESI) and promotion of medical isotope technology (Technetium 99 or Tc-99m) through its Perma-Fix Medical S.A subsidiary company. Its subsidiary companies are Perma-Fix of Florida, Inc., Diversified Scientific Services, Inc., East Tennessee Substances & Energy Corporation, Perma Fix Northwest, Inc., Safety and Ecology Corporation Radcon Coalition, LLC and Safety and Ecology Corporation.