Perfect Corp. (NYSE:PERF) Short Interest Update

Perfect Corp. (NYSE:PERF) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 14,215 shares, a decrease of 89.4% from the June 30th total of 133,538 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 591,774 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

A number of analysts have weighed in on PERF shares. Noble Financial lowered shares of Perfect from an “outperform” rating to a “market perform” rating in a research report on Wednesday, April 29th. Freedom Capital cut Perfect from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 30th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Perfect in a report on Friday, July 17th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Reduce”.

Institutional Investors Weigh In On Perfect

Institutional investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets bought a new stake in Perfect in the second quarter valued at approximately $30,000. Dimensional Fund Advisors LP raised its holdings in 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 purchasing an additional 15,754 shares during the last quarter. Credit Industriel ET Commercial acquired a new position in shares of Perfect in the 1st quarter worth approximately $338,000. Groupe la Francaise bought a new stake in shares of Perfect in the 1st quarter valued at $507,000. Finally, Goldman Sachs Group Inc. increased its position in shares of Perfect by 13.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,938,529 shares of the company’s stock worth $7,129,000 after buying an additional 464,702 shares during the period.

Perfect Price Performance

NYSE PERF traded down $0.01 during trading hours on Friday, reaching $1.93. The company’s stock had a trading volume of 178,136 shares, compared to its average volume of 410,552. The firm has a fifty day simple moving average of $1.74 and a 200-day simple moving average of $1.65. Perfect has a 52 week low of $1.24 and a 52 week high of $2.56. The stock has a market cap of $196.06 million, a P/E ratio of 38.51, a P/E/G ratio of 1.84 and a beta of 0.30.

Perfect (NYSE:PERF) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.01. Perfect had a net margin of 6.62% and a return on equity of 3.02%. The firm had revenue of $17.94 million during the quarter. On average, research analysts expect that Perfect will post 0.06 earnings per share for the current year.

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.