Positive News Coverage Somewhat Unlikely to Impact Perion Network (PERI) Stock Price

News coverage about Perion Network (NASDAQ:PERI) has trended positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Perion Network earned a media sentiment score of 0.33 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 45.5547024615188 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment’s scoring:

Shares of Perion Network (PERI) traded down 1.91% during midday trading on Tuesday, hitting $1.02. The stock had a trading volume of 1,320,316 shares. Perion Network has a one year low of $0.94 and a one year high of $2.38. The firm has a 50 day moving average price of $1.13 and a 200 day moving average price of $1.50. The stock’s market cap is $79.10 million.

Perion Network (NASDAQ:PERI) last released its quarterly earnings data on Thursday, August 3rd. The technology company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03). Perion Network had a negative net margin of 11.31% and a positive return on equity of 8.57%. The business had revenue of $78.00 million during the quarter, compared to analysts’ expectations of $73.07 million. During the same quarter in the previous year, the company posted $0.08 EPS. The company’s revenue was up 11.9% compared to the same quarter last year. On average, equities analysts forecast that Perion Network will post $0.25 earnings per share for the current fiscal year.

WARNING: “Positive News Coverage Somewhat Unlikely to Impact Perion Network (PERI) Stock Price” was originally reported by Community Financial News and is owned by of Community Financial News. If you are viewing this news story on another website, it was stolen and republished in violation of US & international copyright & trademark laws. The correct version of this news story can be accessed at https://www.com-unik.info/2017/10/31/positive-news-coverage-somewhat-unlikely-to-impact-perion-network-peri-stock-price.html.

About Perion Network

Perion Network Ltd. is a global technology company. It is engaged in delivering advertising solutions to brands and publishers. It operates through High Impact Advertising solutions segment. It provides execution, ranging from high-impact advertisement formats to branded search, and a unified social and mobile programmatic platform.

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