Perion Network Ltd. (NASDAQ:PERI): Buy, Sell Or Hold At $12.86?

In last trading session, Perion Network Ltd. (NASDAQ:PERI) saw 0.64 million shares changing hands with its beta currently measuring 1.43. Company’s recent per share price level of $12.86 trading at $0.02 or 0.16% at ring of the bell on the day assigns it a market valuation of $622.68M. That closing price of PERI’s stock is at a discount of -195.65% from its 52-week high price of $38.02 and is indicating a premium of 16.25% from its 52-week low price of $10.77. Taking a look at company’s average trading volume volume of 1.05 million if we extend that period to 3-months.

Perion Network Ltd. (NASDAQ:PERI) trade information

Upright in the green during last session for gaining 0.16%, in the last five days PERI remained trading in the green while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $12.86 price level, adding 1.76% to its value on the day. Perion Network Ltd.’s shares saw a change of -58.34% in year-to-date performance and have moved 7.98% in past 5-day. Perion Network Ltd. (NASDAQ:PERI) showed a performance of -39.82% in past 30-days.

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Perion Network Ltd. (PERI) estimates and forecasts

Statistics highlight that Perion Network Ltd. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -52.39% of value to its shares in past 6 months, showing an annual growth rate of -48.35% while that of industry is 19.70. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 49.48% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -53.85% while estimates for its earnings growth in next 5 years are of 22.00%.

PERI Dividends

Perion Network Ltd. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.