Perion Network Ltd (NASDAQ:PERI) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1 by 1 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys.
Perion Network Ltd (NASDAQ:PERI) rose 8.62% or 0.1 points on Tuesday and made its way into the gainers of the day. After trading began at $1.19 the stock was seen hitting $1.34 as a peak level and $1.15 as the lowest level. The stock ended up at $1.26. The daily volume was measured at 1,011,350 shares. The 52-week high of the share price is $3.94 and the 52-week low is $1.04. The company has a market cap of $96 million.
Shares of Perion Network Ltd. appreciated by 14.55% during the last five trading days but lost 3.08% on a 4-week basis. Perion Network Ltd. has dropped 41.67% during the last 3-month period . Year-to-Date the stock performance stands at -65.29%.
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.