Perfect (NYSE:PERF) Trading Up 2.2% – Here’s What Happened

Perfect Corp. (NYSE:PERF)’s stock price traded up 2.2% during mid-day trading on Friday . The stock traded as high as $1.8250 and last traded at $1.8086. 90,594 shares changed hands during mid-day trading, an increase of 7% from the average session volume of 84,642 shares. The stock had previously closed at $1.77.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on PERF shares. Wall Street Zen raised Perfect from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Perfect in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Perfect Stock Performance

The company has a market cap of $153.84 million, a price-to-earnings ratio of 36.18, a P/E/G ratio of 2.33 and a beta of 0.46. The company’s 50 day moving average price is $1.85.

Perfect (NYSE:PERF) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $18.66 million for the quarter, compared to analyst estimates of $17.66 million. Perfect had a return on equity of 3.55% and a net margin of 8.48%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Heron Bay Capital Management acquired a new stake in Perfect during the second quarter worth $27,000. BNP Paribas Financial Markets acquired a new position in shares of Perfect in the 2nd quarter valued at $30,000. Dimensional Fund Advisors LP lifted its holdings in shares of Perfect by 63.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 40,477 shares of the company’s stock worth $76,000 after acquiring an additional 15,754 shares during the period. Finally, GSA Capital Partners LLP boosted its position in shares of Perfect by 222.8% during the 3rd quarter. GSA Capital Partners LLP now owns 62,315 shares of the company’s stock valued at $117,000 after acquiring an additional 43,013 shares in the last quarter.

Perfect Company Profile

Perfect Corp (NYSE: PERF) is a technology company specializing in beauty and personal care solutions. The company develops AI- and AR-driven platforms that enable virtual product try-on, personalized skincare analysis and digital marketing tools for cosmetics brands and retailers. Its software as a service (SaaS) offerings allow users to preview makeup and skincare products in real time, drive customer engagement across e-commerce and social media channels, and collect data-driven insights into consumer preferences.

The core products include virtual try-on applications, skin diagnostic tools and AI-powered recommendation engines.