Perfect Corp. (NYSE:PERF) Short Interest Update

Perfect Corp. (NYSE:PERF) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 13,100 shares, a decrease of 84.6% from the April 30th total of 84,865 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 91,420 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Noble Financial cut Perfect from an “outperform” rating to a “market perform” rating in a report on Wednesday, April 29th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Perfect in a research report on Tuesday, April 21st. Finally, Freedom Capital lowered Perfect from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 30th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce”.

Institutional Investors Weigh In On Perfect

Large investors have recently made changes to their positions in the business. BNP Paribas Financial Markets purchased a new stake in shares of Perfect during the 2nd quarter valued at $30,000. Dimensional Fund Advisors LP increased its position 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 valued at $76,000 after purchasing an additional 15,754 shares during the last quarter. GSA Capital Partners LLP increased 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 purchasing an additional 43,013 shares during the last quarter. Credit Industriel ET Commercial purchased a new stake in shares of Perfect during the 1st quarter valued at $338,000. Finally, Groupe la Francaise purchased a new stake in shares of Perfect during the 1st quarter valued at $507,000.

Perfect Stock Up 2.4%

NYSE PERF traded up $0.04 on Friday, reaching $1.73. The company had a trading volume of 165,717 shares, compared to its average volume of 79,252. The stock has a market capitalization of $176.20 million, a P/E ratio of 34.61, a P/E/G ratio of 1.61 and a beta of 0.28. The company’s fifty day moving average is $1.68 and its 200 day moving average is $1.65. Perfect has a 52-week low of $1.24 and a 52-week high of $2.67.

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

About Perfect

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.