Proficio Capital Partners LLC Acquires New Holdings in Perimeter Solutions, SA (NYSE:PRM)

Proficio Capital Partners LLC acquired a new stake in Perimeter Solutions, SA (NYSE:PRM) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 23,579 shares of the company’s stock, valued at approximately $301,000.

A number of other large investors have also added to or reduced their stakes in the business. Bank of New York Mellon Corp raised its holdings in Perimeter Solutions by 21.8% in the 4th quarter. Bank of New York Mellon Corp now owns 442,278 shares of the company’s stock valued at $5,652,000 after buying an additional 79,241 shares during the last quarter. Navellier & Associates Inc. bought a new position in Perimeter Solutions during the 4th quarter worth approximately $739,000. Ieq Capital LLC bought a new position in Perimeter Solutions during the 4th quarter worth approximately $6,698,000. D.A. Davidson & CO. bought a new position in Perimeter Solutions during the 4th quarter worth approximately $691,000. Finally, Principal Financial Group Inc. raised its holdings in Perimeter Solutions by 1.5% during the 4th quarter. Principal Financial Group Inc. now owns 10,694,289 shares of the company’s stock worth $136,673,000 after purchasing an additional 160,564 shares during the last quarter. Institutional investors own 89.93% of the company’s stock.

Perimeter Solutions Stock Up 0.6 %

Perimeter Solutions stock opened at $9.18 on Wednesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.95 and a current ratio of 3.91. Perimeter Solutions, SA has a 52-week low of $6.01 and a 52-week high of $14.44. The firm has a 50 day moving average price of $11.81 and a two-hundred day moving average price of $12.42. The firm has a market cap of $1.37 billion, a price-to-earnings ratio of -65.53 and a beta of 1.93.

Perimeter Solutions (NYSE:PRM) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.21. Perimeter Solutions had a negative net margin of 1.05% and a negative return on equity of 7.62%. The firm had revenue of $86.23 million during the quarter, compared to analyst estimates of $77.01 million. Equities analysts predict that Perimeter Solutions, SA will post 0.71 EPS for the current year.

Perimeter Solutions Profile

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 Specialty Products. 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.