Alert: Major Price Decline (8/5/24)-Perma Fix Environmental Services (NASDAQ: PESI).

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Perma Fix Environmental Services (NASDAQ: PESI) stock suffered a major decline of -10.0% on 8/5/24. The shares closed at $10.70. Moreover, this decline was accompanied by unusually high trading volume at 161% of normal. The stock has declined -14.7% during the last week but has been exceptionally strong relative to the market over the last nine months.

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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 C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Perma Fix Environmental Services has a very low Appreciation Score of 6 but a very high Power Rating of 92, and the Low Neutral Value Trend Rating results.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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