Short overall look at PERI this morning of its daily movement the last year. A good possibility to buy in a huge range with good risk/reward.
Stoploss: 16,62
First target: 22,10
Second target (top of the range): 26,56
Two setups represents different timeframes. 60% setup.
Perion Network: On The Verge Of Breaking Out To New Multi-Year Highs
Israel-based provider of digital advertising solutions raises guidance for the second time in two months.
Outperformance attributed to better-than-expected revenue synergies from recent acquisitions as well as higher demand for the company's Connected TV and video offerings.
Search business...
$PERI is building New Interest Volume near support area above Breakout volume prices. Can run any day soon once it breaks the downtrend line.
Short Term Target Area: 18
Short Term Target Area: 23
Perion Raises Financial Outlook, Expects 31% Year over Year Revenue Growth in the Fourth Quarter of 2020
Customers Momentum for Connected TV and "Full-Funnel" Solution Propel Advertising Business
"The acceleration of Perion’s advertising revenue growth is being driven by higher-than-expected revenue synergies from recent acquisitions, as well as higher demand...
Contextual immersion trading strategy idea.
Perion Network Ltd., a technology company, delivers advertising solutions to brands, agencies, and publishers in North America, Europe, and internationally.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a...
Perion Network Ltd. is a global technology company, which engages in the provision of advertising solutions to brands and publishers through innovative platforms. It is committed to providing data-driven execution, from high-impact ad formats to branded search and a unified social and mobile programmatic platform. It offers the following business solutions:...
Total Revenues of $66.1 million, increased 23% year-over-year;
GAAP Net Income of $1.3 million, increased 8% year-over-year;
Non-GAAP Net Income of $5.0 million, increased 53% year-over-year;
GAAP Earnings Per Share of $0.05, no change year-over-year;
Adjusted EBITDA of $6.2 million, increased 22% year-over-year;
Net Cash provided from operations was $2.5 million;...
My prediction is that the over-reaction on taking profits created the fall in price, bringing a new position to get settled in before earnings is released. I believe that we will be rising from the High 7$ & low 8$ by the end of this week. Still is another full week in the market before week of earnings which can create a little more consolidation, however due to...
Despite the recent declines in small cap stocks, Perion Networks has made a nice comeback and it is quiet possible that it challenges the old high.
Possible trade entry above $5.50 which is resistance, $6.70 price target.
Trades at a very reasonable 12.16 P/E ratio.
Company profile
Perion Network Ltd. is a global technology company, which engages in the provision...
Huge momentum over the last few days with good technicals respected making it easier to see a clear direction. We expect this to form an Elliot Wave Cycle, currently in wave 3. Could retrace into 4 then a 5.
About:
Perion Network Ltd is an Israel-based global technology company. It delivers online advertising solutions and search monetization to brands and...
Technical breakout above $4, caution as indicators are overbought but under such momentum , further gains very possible.
AVERAGE ANALYSTS PRICE TARGET $5.50
AVERAGE ANALYSTS RECOMMENDATION BUY
P/E RATIO 11
SHORT INTEREST .37%
COMPANY PROFILE
Perion Network Ltd. is a global technology company, which engages in the provision of advertising...
