Technical breakout in Perion Network Ltd. HOTSTOCK

Technical breakout above $4, caution as indicators are overbought but under such momentum , further gains very possible.
AVERAGE ANALYSTS PRICE TARGET $5.50
AVERAGE ANALYSTS RECOMMENDATION BUY
P/E RATIO 11
SHORT INTEREST .37%

COMPANY PROFILE
Perion Network Ltd. is a global technology company, which engages in the provision of advertising solutions to brands and publishers through innovative platforms. It is committed to providing data-driven execution, from high-impact ad formats to branded search and a unified social and mobile programmatic platform. It offers the following business solutions: Undertone, which connects brands to consumers using engaging creatives; Code Fuel, which enables developers to optimize search traffic and generate incremental revenue; MakeMeReach, an automated social management platform that help ad performance across Facebook, Twitter, Instagram, and Snapchat; and Smilebox, a desktop and mobile applications. The company was founded by Ofer Adler and Yaron Adler in November 1999 and is headquartered Holon, Israel.