Perma-Fix Environmental Services stock rose to $18.08, reflecting a 50% gain over 52 weeks amid a strong backlog but weaker quarterly results.
Perma-Fix Environmental Services (NASDAQ:PESI) closed at $18.08 on August 07, 2026, with a market capitalization of $383.36 million. The stock has gained 50% over the past 52 weeks and 22.95% in the last month, outperforming broader small-cap benchmarks.
Long Cast Advisers noted PESI’s strong backlog offset weaker Q2 2026 results, though the firm’s year-to-date returns of 19% trailed the Russell 2000 and iShares US MicroCap ETF. Since inception in 2015, Long Cast’s strategy has delivered a 343% cumulative return (15% CAGR).
The firm emphasized patience in small and micro-cap investments, avoiding leverage and volatility in the current market environment.