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Perion Network Ltd. (PERI) Stock: A Year of Highs and Lows in the Market

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A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Perion Network Ltd.’s current trading price is -68.83% away from its 52-week high, while its distance from the 52-week low is 10.03%. The stock’s price range for this time frame has been between $10.77 and $38.02. The trading volume of the company’s shares in the Communication Services reached around 0.69 million for the day, which was evidently lower than the average daily volume of 1.01 million over the last three months.

Perion Network Ltd.’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $38.02 on 05/03/23, with the lowest value being $10.77 on 04/22/24.

How Financial Performance Impacts Market Capitalization

Perion Network Ltd. (PERI) has experienced a quarterly decline of -60.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 557.42M and boasts a workforce of 561 employees.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 24.42, with a change in price of -17.08. Similarly, Perion Network Ltd. recorded 765,888 in trading volume during the last 100 days, posting a change of -59.04%.

How PERI’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for PERI stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.

PERI Stock Stochastic Average

The raw stochastic average for Perion Network Ltd. over the last 50 days is presently at 7.87%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 9.06%. Further, the company’s Stochastic %K and %D values for the last 20 days were 4.90% and 2.52%, respectively.

PERI Stock Price Performance Analysis

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded a decrease of -61.61%. However, over the last six months, the performance has been stronger by -53.09%. The price of PERI decreased -46.74% over the last 30 days. And in the last five days, it has surged by 1.89%.