57,847 Shares in Perimeter Solutions, SA (NYSE:PRM) Acquired by Navellier & Associates Inc.

Navellier & Associates Inc. bought a new position in shares of Perimeter Solutions, SA (NYSE:PRM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 57,847 shares of the company’s stock, valued at approximately $739,000.

Other large investors have also bought and sold shares of the company. Quarry LP bought a new stake in Perimeter Solutions during the 3rd quarter worth approximately $52,000. McAdam LLC bought a new stake in Perimeter Solutions during the 4th quarter worth approximately $131,000. Orion Portfolio Solutions LLC bought a new stake in Perimeter Solutions during the 3rd quarter worth approximately $138,000. Landscape Capital Management L.L.C. bought a new stake in Perimeter Solutions during the 3rd quarter worth approximately $148,000. Finally, Jag Capital Management LLC bought a new stake in Perimeter Solutions during the 3rd quarter worth approximately $158,000. 89.93% of the stock is owned by institutional investors.

Perimeter Solutions Price Performance

NYSE PRM opened at $10.03 on Friday. The business has a 50 day simple moving average of $12.57 and a 200 day simple moving average of $12.47. Perimeter Solutions, SA has a 52-week low of $5.51 and a 52-week high of $14.44. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.95 and a current ratio of 3.91. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of -71.60 and a beta of 1.90.

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

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 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.