Perfect Corp (NYSE:PERF) Is 37.73% Above Its 52-Week Low, But How Long Will It Remain So?

In last trading session, Perfect Corp (NYSE:PERF) saw 0.4 million shares changing hands with its beta currently measuring 0.30. Company’s recent per share price level of $2.73 trading at $0.82 or 42.93% at ring of the bell on the day assigns it a market valuation of $278.05M. That closing price of PERF’s stock is at a discount of -38.1% from its 52-week high price of $3.77 and is indicating a premium of 37.73% from its 52-week low price of $1.70. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 37960.0 shares which gives us an average trading volume of 27.55K if we extend that period to 3-months.

For Perfect Corp (PERF), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 1.50. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.03 in the current quarter.

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Perfect Corp (NYSE:PERF) trade information

Upright in the green during last session for gaining 42.93%, in the last five days PERF remained trading in the green while hitting it’s week-highest on Friday, 11/29/24 when the stock touched $2.73 price level, subtracting -4.2% to its value on the day. Perfect Corp’s shares saw a change of -11.94% in year-to-date performance and have moved 44.44% in past 5-day. Perfect Corp (NYSE:PERF) showed a performance of 46.77% in past 30-days. Number of shares sold short was 7816.0 shares which calculate 0.15 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a rise of 61.0% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 7. It follows that stock’s current price would drop -156.41% in reaching the projected high whereas dropping to the targeted low would mean a loss of -156.41% for stock’s current value.

Perfect Corp (PERF) estimates and forecasts

Statistics highlight that Perfect Corp is scoring comparatively higher than the scores of other players of the relevant industry. The company added 39.29% of value to its shares in past 6 months, showing an annual growth rate of 33.33% while that of industry is 24.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 13.71% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 16.31M for the same. And 2 analysts are in estimates of company making revenue of 16.22M in the next quarter. Company posted 14.12M and 14.29M of sales in current and next quarters respectively a year earlier.

In 2024, company’s earnings growth rate is likely to be around 35.50% while estimates for its earnings growth in next 5 years are of 20.00%.

Perfect Corp (NYSE:PERF)’s Major holders

Insiders are in possession of 67.40% of company’s total shares while institution are holding 7.58 percent of that, with stock having share float percentage of 23.23%. Investors also watch the number of corporate investors in a company very closely, which is 7.58% institutions for Perfect Corp that are currently holding shares of the company.