Revenue Update on Perma-Fix Environmental Services(NASDAQ:PESI)

Perma-Fix Environmental Services(NASDAQ:PESI) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-Market on Mar 22, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Earnings per share were $0.03.

Perma-Fix Environmental Services (PESI) remained unchanged at the close of Friday session. Even as the volume increased to 41,365 ,the shares failed to make any impression and ended at 0 points or 0.00% at $3.15. The trading session commenced at $3.15 and the stock hit a high of $3.15 and touched $3.1 at the lower end. Considering that the stock pared all of the losses, it can be said as a positive sign. The share price has a 52-week high of $5.64 and the 52-week low is $2.85. The company has a market cap of $37 M and has approximately 1,16,69,383 outstanding shares.

Several Insider Transactions has been reported to the SEC. On Jun 18, 2015, Louis F Centofanti (CEO) purchased 2,000 shares at $3.83 per share price.Also, On May 19, 2015, Ben Naccarato (CFO) purchased 500 shares at $3.60 per share price.

Perma-Fix Environmental Services Inc. is an environmental and environmental technology know-how company. The Company operates in two segments: Treatment Segment and the Services Segment. The Treatment Segment includes nuclear low-level radioactive mixed hazardous and non-hazardous waste treatment processing and disposal services. The Services Segment consists of on-site waste management technical services and nuclear services. The Company is also involved in the research and development (R&D) and marketing of medical isotope technology (Technetium-99 or Tc-99m) through its Perma-Fix Medical S.A subsidiary. Its subsidiaries are Perma-Fix of Florida Inc. Diversified Scientific Services Inc. East Tennessee Materials & Energy Corporation Perma-Fix Northwest Inc. Safety and Ecology Corporation Radcon Alliance LLC and Safety and Ecology Corporation.

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