Perimeter Solutions Hits Day Low of $22.57 Amid Price Pressure

Perimeter Solutions SA, a small-cap player in the Chemicals & Petrochemicals industry, experienced a significant decline today, with its stock dropping by 10.88%. The stock reached an intraday low of USD 22.57, reflecting a challenging trading environment. Over the past week, Perimeter Solutions has seen a decrease of 12.83%, and its performance over the last month shows a decline of 14.58%. Despite these short-term setbacks, the company has demonstrated strong annual growth, boasting a remarkable 127.05% increase over the past year, significantly outperforming the S&P 500, which rose by 12.95% in the same period. Financial metrics indicate that the company has a Return on Capital Employed (ROCE) of 3.94%, suggesting low profitability relative to its capital base. Additionally, the company reported a pre-tax profit of USD -33.85 million, marking a substantial decline. With a market capitalization of USD 3,941 million and a price-to-earnings ratio of 41.00, Perimeter Solutions continues to navigate a complex market landscape while maintaining a competitive valuation compared to its peers.