Perfect (NYSE:PERF) Given "Sell (D)" Rating at Weiss Ratings

Key Points

• Perfect Corp. (NYSE:PERF) has received a "sell (D)" rating reaffirmed by Weiss Ratings, indicating ongoing negative sentiment towards the stock.
• Shares were previously downgraded by Wall Street Zen from a "buy" rating to a "hold," contributing to its current average rating of "sell."
• An institutional investor, Heron Bay Capital Management, recently acquired a stake in Perfect, purchasing 11,765 shares valued at approximately $27,000 during the second quarter.

Perfect (NYSE:PERF - Get Free Report)'s stock had its "sell (d)" rating reaffirmed by equities research analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen downgraded shares of Perfect from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of "Sell".

Perfect Stock Performance

PERF stock opened at $2.02 on Wednesday. The business's 50-day moving average price is $1.95. The company has a market cap of $171.82 million, a PE ratio of 33.67, a PEG ratio of 4.76 and a beta of 0.45. Perfect has a 1 year low of $1.51 and a 1 year high of $3.44.

Institutional Investors Weigh In On Perfect

An institutional investor recently bought a new position in Perfect stock. Heron Bay Capital Management bought a new stake in Perfect Corp. (NYSE:PERF - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 11,765 shares of the company's stock, valued at approximately $27,000.

Perfect Company Profile

Perfect Corp. is a software as a service technology company, which engages in the business of developing makeup virtual try-on solutions. Its solutions include virtual try-ons for makeup, nail art, hairstyles, beard dye and styling, eyewear, jewelry, advanced skin diagnostic technology, foundation shade finder, and interactive artificial reality makeup application tutorial platform.

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