Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Perma-Pipe International Holdings, Inc. before investing.

In this article, we go over a few key elements for understanding Perma-Pipe International Holdings, Inc.’s stock price such as:

• Perma-Pipe International Holdings, Inc.’s current stock price and volume
• Why Perma-Pipe International Holdings, Inc.’s stock price changed recently
• Upgrades and downgrades for PPIH from analysts
• PPIH’s stock price momentum as measured by its relative strength

About Perma-Pipe International Holdings, Inc. (PPIH)

Before we jump into Perma-Pipe International Holdings, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Perma-Pipe International Holdings, Inc., together with its subsidiaries, designs, engineers, manufactures, and sells specialty piping and leak detection systems in the United States, Canada, the United Arab Emirates, Saudi Arabia, and internationally. The company offers insulated and jacketed district heating and cooling piping systems for energy distribution from central energy plants to other locations; and primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products. It also provides coating and insulation of oil and gas gathering and transmission pipelines; liquid and powder based anti-corrosion coatings for external and internal surfaces of steel pipe, including shapes comprising bends, reducers, tees, and other spools/fittings used in pipelines for the transportation of oil and gas products and potable water. In addition, the company offers cables, leak detection products, heat trace products, and material/goods not bundled with piping or flowline systems. Further, it provides containment systems, custom fabrications, and leak detection, as well as technical support, field service, and logistics services. The company was formerly known as MFRI, Inc. and changed its name to Perma-Pipe International Holdings, Inc. in March 2017. Perma-Pipe International Holdings, Inc. was founded in 1909 and is headquartered in The Woodlands, Texas.

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Perma-Pipe International Holdings, Inc.’s Stock Price as of Market Close

As of July 02, 2026, 4:00 PM, CST, Perma-Pipe International Holdings, Inc.’s stock price was $25.460.

Perma-Pipe International Holdings, Inc. is down 2.38% from its previous closing price of $26.080.

During the last market session, Perma-Pipe International Holdings, Inc.’s stock traded between $25.260 and $27.450. Currently, there are approximately 8.12 million shares outstanding for Perma-Pipe International Holdings, Inc..

Perma-Pipe International Holdings, Inc.’s price-earnings (P/E) ratio is currently at 15.0, which is low compared to the Machinery industry median of 28.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Perma-Pipe International Holdings, Inc. Stock Price History

Perma-Pipe International Holdings, Inc.’s (PPIH) price is currently down 6.5% so far this month.

During the month of July, Perma-Pipe International Holdings, Inc.’s stock price has reached a high of $27.530 and a low of $25.260.

Over the last year, Perma-Pipe International Holdings, Inc. has hit prices as high as $36.720 and as low as $20.920. Year to date, Perma-Pipe International Holdings, Inc.’s stock is down 16.14%.

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What Caused Perma-Pipe International Holdings, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 02, 2026, there were analysts who downgraded Perma-Pipe International Holdings, Inc.’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Perma-Pipe International Holdings, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Perma-Pipe International Holdings, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Perma-Pipe International Holdings, Inc.’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Perma-Pipe International Holdings, Inc. (PPIH) by visiting AAII Stock Evaluator.

Relative Price Strength of Perma-Pipe International Holdings, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 02, 2026, Perma-Pipe International Holdings, Inc. has a weighted four-quarter relative price strength of -6.24%, which translates to a Momentum Score of 35 and is considered to be Weak.

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Perma-Pipe International Holdings, Inc. Stock Price: Bottom Line

As of July 2, 2026, Perma-Pipe International Holdings, Inc.’s stock price is $25.460, which is down 2.38% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Perma-Pipe International Holdings, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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