Friday, September 25, 2020

Precipio Inc. [PRPO] Revenue clocked in at $4.00 million, up 5.37% YTD: What’s Next?

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Precipio Inc. [NASDAQ: PRPO] gained 12.50% or 0.24 points to close at $2.16 with a heavy trading volume of 6309324 shares. The company report on September 4, 2020 that Precipio Announces a Shareholder Call to Discuss its COVID-19 Progress and Future Plans.

Ilan Danieli, Precipio CEO, will address questions from shareholders related to company COVID-19 strategy.

Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO), will be hosting a shareholder call to address questions related to the company’s COVID-19 strategy. The call will take place on Wednesday, September 9th at 5:00PM EST. Ilan Danieli, Precipio’s CEO, will address questions sent in advance. Shareholders may submit their questions up until 5PM on September 7, 2020 by email to investors@precipiodx.com.

It opened the trading session at $2.02, the shares rose to $2.50 and dropped to $1.98, the range by which the price of stock traded the whole day. The daily chart for PRPO points out that the company has recorded 75.61% gains over the past six months. However, it is still -292.73% lower than its most recent low trading price.

If we look at the average trading volume of 3.84M shares, PRPO reached to a volume of 6309324 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Precipio Inc. [PRPO]:

The Average True Range (ATR) for Precipio Inc. is set at 0.63, with the Price to Sales ratio for PRPO stock in the period of the last 12 months amounting to 7.87. The Price to Book ratio for the last quarter was 1.95, with the Price to Cash per share for the same quarter was set at 0.03.

Trading performance analysis for PRPO stock

Precipio Inc. [PRPO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.00. With this latest performance, PRPO shares dropped by -37.57% in over the last four-week period, additionally plugging by 75.61% over the last 6 months – not to mention a drop of -13.60% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PRPO stock in for the last two-week period is set at 46.49, with the RSI for the last a single of trading hit 43.46, and the three-weeks RSI is set at 48.62 for Precipio Inc. [PRPO]. The present Moving Average for the last 50 days of trading for this stock 2.19, while it was recorded at 2.12 for the last single week of trading, and 1.57 for the last 200 days.

Precipio Inc. [PRPO]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Precipio Inc. [PRPO] shares currently have an operating margin of -300.74 and a Gross Margin at +7.00. Precipio Inc.’s Net Margin is presently recorded at -423.50.

Return on Total Capital for PRPO is now -72.92, given the latest momentum, and Return on Invested Capital for the company is -130.02. Return on Equity for this stock declined to -137.03, with Return on Assets sitting at -64.42. When it comes to the capital structure of this company, Precipio Inc. [PRPO] has a Total Debt to Total Equity ratio set at 10.28. Additionally, PRPO Total Debt to Total Capital is recorded at 9.33, with Total Debt to Total Assets ending up at 6.96. Long-Term Debt to Equity for the company is recorded at 4.80, with the Long-Term Debt to Total Capital now at 4.35.

Reflecting on the efficiency of the workforce at the company, Precipio Inc. [PRPO] managed to generate an average of -$259,667 per employee. Receivables Turnover for the company is 3.76 with a Total Asset Turnover recorded at a value of 0.15.Precipio Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 0.40.

Precipio Inc. [PRPO]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Precipio Inc. posted -0.31/share EPS, while the average EPS was predicted by analysts to be reported at -0.39/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 20.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PRPO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Precipio Inc. go to 20.00%.

An analysis of insider ownership at Precipio Inc. [PRPO]

There are presently around $0 million, or 0.80% of PRPO stock, in the hands of institutional investors. The top three institutional holders of PRPO stocks are: VANGUARD GROUP INC with ownership of 78,152, which is approximately 0% of the company’s market cap and around 0.10% of the total institutional ownership; GEODE CAPITAL MANAGEMENT, LLC, holding 30,237 shares of the stock with an approximate value of $65000.0 in PRPO stocks shares; and MORGAN STANLEY, currently with $54000.0 in PRPO stock with ownership of nearly 0.028% of the company’s market capitalization.

Positions in Precipio Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 3 institutional holders increased their position in Precipio Inc. [NASDAQ:PRPO] by around 817 shares. Additionally, 7 investors decreased positions by around 149,896 shares, while 7 investors held positions by with 15,648 shares. The mentioned changes placed institutional holdings at 135,065 shares, according to the latest SEC report filing. PRPO stock had 2 new institutional investments in for a total of 810 shares, while 7 institutional investors sold positions of 149,896 shares during the same period.

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