Stock Rating Downgrade
The Value Trend Rating for Perma Fix Environmental Services (NASDAQ: PESI) fell significantly recently from B to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Perma Fix Environmental Services (NASDAQ: PESI) stock closed at $9.63 on 6/7/24 after a decline of -4.3%. However, below average trading volume at 73% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -8.6% during the last week.
Current PriceTarget Research Rating
PESI is expected to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Perma Fix Environmental Services has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Perma Fix Environmental Services has a very low Appreciation Score of 6 but a slightly positive Power Rating of 65, triggering the Negative Value Trend Rating.
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