Perfect Corp. (NYSE:PERF) Short Interest Update

Perfect Corp. (NYSE:PERF) saw a significant drop in short interest in March. As of March 13th, there was short interest totaling 61,060 shares, a drop of 33.5% from the February 26th total of 91,801 shares. Based on an average daily trading volume, of 75,406 shares, the short-interest ratio is presently 0.8 days.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on PERF. Wall Street Zen downgraded Perfect from a “buy” rating to a “hold” rating in a research report on Friday, January 23rd. Weiss Ratings reissued a “sell (d)” rating on shares of Perfect in a research note on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Hedge Funds Weigh In On Perfect

Several large investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets acquired a new stake in Perfect in the 2nd quarter worth about $30,000. Dimensional Fund Advisors LP boosted its position in shares of Perfect by 63.7% in the third 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 last quarter. GSA Capital Partners LLP boosted its holdings in shares of Perfect by 222.8% in 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. Finally, Goldman Sachs Group Inc. grew its stake in shares of Perfect by 13.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,938,529 shares of the company’s stock valued at $7,129,000 after buying an additional 464,702 shares during the period.

Perfect Stock Performance

NYSE PERF traded down $0.01 during mid-day trading on Monday, reaching $1.65. 141,294 shares of the stock were exchanged, compared to its average volume of 417,992. The stock has a market capitalization of $168.05 million, a PE ratio of 33.01, a PEG ratio of 1.95 and a beta of 0.47. Perfect has a 1-year low of $1.24 and a 1-year high of $2.67. The business’s fifty day simple moving average is $1.52 and its 200 day simple moving average is $1.73.

Perfect (NYSE:PERF) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.01 earnings per share for the quarter, meeting the consensus estimate of $0.01. Perfect had a return on equity of 2.42% and a net margin of 6.71%.The company had revenue of $18.13 million during the quarter.

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.