Perma-Fix Environmental Services, Inc (NASDAQ:PESI) price on Friday, March 21, fall -7.69% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $6.96.
A look at the stock’s price movement, the close in the last trading session was $7.54, moving within a range at $6.91 and $7.49. The beta value (5-Year monthly) was 0.395. Turning to its 52-week performance, $16.25 and $6.96 were the 52-week high and 52-week low respectively. Overall, PESI moved -19.91% over the past month.
Perma-Fix Environmental Services, Inc’s market cap currently stands at around $128.26 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-12.
Analysts have a consensus estimate of 15.3M for the company’s revenue for the quarter, with a low and high estimate of 15.3M and 15.3M respectively. The average forecast suggests up to a 12.36% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 80.1M, representing a 35.49% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that PESI is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend PESI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
PESI’s current price about -7.92% and -22.74% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 31.15, while 7-day volatility ratio is 6.38% and 6.64% in the 30-day chart. Further, Perma-Fix Environmental Services, Inc (PESI) has a beta value of 0.26, and an average true range (ATR) of 0.50. Analysts have given the company’s stock an average 52-week price target of $18, forecast between a low of $18 and high of $18. Looking at the price targets, the low is -158.62% off current price level while to achieve the yearly target high, price needs to move -158.62%. Nonetheless, investors will most likely welcome a -158.62% jump to $18 which is the analysts’ median price.
If we refocus on Perma-Fix Environmental Services, Inc (NASDAQ:PESI), historical trading data shows that trading volumes averaged 0.24 over the past 10 days and 120.67K over the past 3 months. The company’s latest data on shares outstanding shows there are 18.38 million shares.
The 19.80% of Perma-Fix Environmental Services, Inc’s shares are in the hands of company insiders while institutional holders own 40.46% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.1 million on 2025-02-28, giving us a short ratio of 8.83. The data shows that as of 2025-02-28 short interest in Perma-Fix Environmental Services, Inc (PESI) stood at 640.0 of shares outstanding, with shares short rising to 0.98 million registered in 2025-01-31. Current price change has pushed the stock -37.13% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PESI stock continues to rise going into the next quarter.
