Extremely significant positive changes in Perma Fix Environmental Services (NASDAQ: PESI) investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend, its longer term price trend turned up, and the stock rose on very heavy volume.
Perma Fix Environmental Services (NASDAQ: PESI) has recently enjoyed small positive changes in fundamentals: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
PESI is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Perma Fix Environmental Services has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Perma Fix Environmental Services has a slightly negative Power Rating of 36 and a very low Appreciation Score of 5, and the Lowest Value Trend Rating results.
Recent Price Action
Perma Fix Environmental Services (NASDAQ: PESI) stock enjoyed a large increase of 3.8% on 3/26/24. The stock closed at $11.57. Moreover, trading volume in this advance was exceptionally high at 225% of normal. The stock has been weak relative to the market over the last nine months but has risen 22.4% during the last week.
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