Overall market sentiment has been high on Perion Network Ltd Common Stock (PERI) stock lately. PERI receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Perion Network Ltd Common Stock has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PERI!
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With PERI Stock Today?
Perion Network Ltd Common Stock (PERI) stock is down -4.64% while the S&P 500 is up 0.08% as of 2:36 PM on Wednesday, Oct 27. PERI is lower by -$1.35 from the previous closing price of $29.08 on volume of 1,105,566 shares. Over the past year the S&P 500 is higher by 34.62% while PERI is up 262.96%. PERI earned $0.86 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 32.14.
More About Perion Network Ltd Common Stock
Perion Network Ltd is a technology company. It offers online advertising and searching solutions to brands, agencies, and publishers through desktop, mobile and social channels. Its products and services include Undertone, Codefuel, Makemereach and Smilebox. The company earns prime revenue from search fees and online advertising services. It operates in the business segment of High Impact Advertising solutions. Geographically, the group has a business presence in North America, Europe, and Other countries of which a majority of the revenue is derived from North America.
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