Item 5. Market for Registrant’s Common Equity
ITEM
5.
MARKET
FOR REGISTRANT’S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS
Our
Common Stock is traded on the NASDAQ Capital Markets (“NASDAQ”) under the symbol “PESI.” The following table
sets forth the high and low market trade prices quoted for the Common Stock during the periods shown. The source of such quotations and
information is the NASDAQ online trading history reports.
2022
2021
Low
High
Low
High
Common Stock
1 st Quarter
$ 4.89
$ 6.52
$ 5.74
$ 7.99
2 nd Quarter
4.91
6.09
6.70
7.95
3 rd Quarter
4.26
5.93
5.53
7.56
4 th Quarter
3.20
4.57
6.00
7.30
At
February 14, 2023, there were approximately 128 stockholders of record of our Common Stock. The actual number of our stockholders is
greater than this number, and includes beneficial owners whose shares are held in “street name” by banks, brokers, and other
nominees.
17
Since
our inception, we have not paid any cash dividends on our Common Stock and have no dividend policy. Our loan agreement dated May 8, 2020,
as amended, prohibits us from paying any cash dividends on our Common Stock without prior approval from our lender. We do not anticipate
paying cash dividends on our outstanding Common Stock in the foreseeable future.
There
were no purchases made by us or on behalf of us or any of our affiliated members of shares of our Common Stock during 2022.
See
“Note 6 - Capital Stock, Stock Plans, Warrants, and Stock Based Compensation” in Part II, Item 8, “Financial Statements
and Supplementary Data” and “Equity Compensation Plans” in Part III, Item 12, “Security Ownership of Certain
Beneficial Owners and Management and Related Stockholders Matter” for securities authorized for issuance under equity compensation
plans which are incorporated herein by reference.
ITEM
6.
SELECTED
FINANCIAL DATA
Not
required under Regulation S-K for smaller reporting companies.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.