Perimeter Solutions, SA (NYSE:PRM – Get Rating) shares reached a new 52-week low on Wednesday . The company traded as low as $5.87 and last traded at $5.91, with a volume of 80744 shares. The stock had previously closed at $6.14.
Analysts Set New Price Targets
Separately, Morgan Stanley dropped their price target on shares of Perimeter Solutions from $14.00 to $12.00 in a research note on Tuesday, April 18th.
Perimeter Solutions Price Performance
The company has a debt-to-equity ratio of 0.58, a current ratio of 4.03 and a quick ratio of 1.83. The stock has a market cap of $896.38 million, a P/E ratio of 33.53 and a beta of 1.41. The company’s 50 day simple moving average is $7.23 and its 200 day simple moving average is $8.49.
Institutional Investors Weigh In On Perimeter Solutions
Large investors have recently bought and sold shares of the company. Quarry LP bought a new stake in Perimeter Solutions in the first quarter valued at approximately $34,000. Tower Research Capital LLC TRC increased its position in shares of Perimeter Solutions by 116.4% during the third quarter. Tower Research Capital LLC TRC now owns 7,604 shares of the company’s stock worth $61,000 after acquiring an additional 4,090 shares in the last quarter. Carmel Capital Partners LLC bought a new stake in shares of Perimeter Solutions during the first quarter worth $65,000. Financial Management Professionals Inc. increased its position in shares of Perimeter Solutions by 99.7% during the fourth quarter. Financial Management Professionals Inc. now owns 9,962 shares of the company’s stock worth $91,000 after acquiring an additional 4,973 shares in the last quarter. Finally, Townsquare Capital LLC bought a new stake in shares of Perimeter Solutions during the fourth quarter worth $92,000.
About Perimeter Solutions
Perimeter Solutions, SA manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally. It operates in two segments, Fire Safety and Oil Additives. The Fire Safety segment provides fire retardants and firefighting foams, as well as specialized equipment and services for federal, state, provincial, local/municipal, and commercial customers.
- Get a free copy of the StockNews.com research report on Perimeter Solutions (PRM)
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