Perion Network Ltd (NASDAQ:PERI) traded at a new 52-week high today of $31.10. So far today approximately 769,000 shares have been exchanged, as compared to an average 30-day volume of 705,000 shares.
Based on a current price of $30.29, Perion Network Ltd is currently 60.5% above its average consensus analyst price target of $11.95.
In the past 52 weeks, shares of Perion Network Ltd have traded between a low of $6.66 and a high of $31.10 and is now at $30.29, which is 355% above that low price.
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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