Analyst Rating Update on Perion Network Ltd (PERI)

Perion Network Ltd (PERI) : The consensus on Perion Network Ltd (PERI) based on 1 analyst recommendation on the company stock is 1, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.

Company shares have received an average consensus rating of Hold for the current week


Perion Network Ltd (NASDAQ:PERI): The stock opened at $1.45 on Wednesday but the bulls could not build on the opening and the stock topped out at $1.45 for the day. The stock traded down to $1.25 during the day, due to lack of any buying support eventually closed down at $1.28 with a loss of -10.49% for the day. The stock had closed at $1.43 on the previous day. The total traded volume was 1,192,591 shares.

Perion Network Ltd. (Perion) is a global performance-based media and Internet company. The Company is engaged in providing online publishers and application (app) developers advanced technology and a range of intelligent, data-driven solutions to monetize their application or content and expand their reach to audiences. The Companys software monetization platform, Perion Codefuel, enables digital businesses to optimize installs, analyze data and maximize revenue. The Company advertising mobile marketing business enables developers to make decisions on where to spend advertising budgets. The Company is also developing other platforms and software to enable mobile application developers optimize and monetize their existing user base. The Companys products include IncrediMail and Smilebox.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.