Precipio Inc. [PRPO] is 101.45% higher this YTD. Is it still time to buy?

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Precipio Inc. [NASDAQ: PRPO] gained 18.47% or 0.65 points to close at $4.17 with a heavy trading volume of 27732350 shares. The company report on June 8, 2021 that Precipio Launches HemeScreen® Anemia Panel, a One-of-its-Kind Testing Tool.

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Laboratories can use this rapid, cost effective test to distinguish malignancy-driven anemia from other causes.


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Specialty diagnostics company Precipio, Inc. (NASDAQ: PRPO), announced that it has launched the HemeScreen® Anemia Panel as part of its suite of diagnostic tests. The purpose of this panel is to help physicians address one of the more significant clinical challenges they face: anemia of unknown cause.

It opened the trading session at $3.52, the shares rose to $4.63 and dropped to $3.51, the range by which the price of stock traded the whole day. The daily chart for PRPO points out that the company has recorded 75.95% gains over the past six months. However, it is still -353.26% lower than its most recent low trading price.

If we look at the average trading volume of 13.79M shares, PRPO reached to a volume of 27732350 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 0.71, with the Price to Sales ratio for PRPO stock in the period of the last 12 months amounting to 13.52. The Price to Book ratio for the last quarter was 5.15, with the Price to Cash per share for the same quarter was set at 0.11.

Trading performance analysis for PRPO stock

Precipio Inc. [PRPO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.80. With this latest performance, PRPO shares gained by 8.59% in over the last four-week period, additionally plugging by 75.95% over the last 6 months – not to mention a rise of 211.19% 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 58.61, with the RSI for the last a single of trading hit 61.96, and the three-weeks RSI is set at 57.51 for Precipio Inc. [PRPO]. The present Moving Average for the last 50 days of trading for this stock 3.06, while it was recorded at 3.56 for the last single week of trading, and 2.56 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 -150.13 and a Gross Margin at +18.88. Precipio Inc.’s Net Margin is presently recorded at -174.41.

Return on Total Capital for PRPO is now -60.54, given the latest momentum, and Return on Invested Capital for the company is -74.45. Return on Equity for this stock declined to -77.72, with Return on Assets sitting at -52.83. When it comes to the capital structure of this company, Precipio Inc. [PRPO] has a Total Debt to Total Equity ratio set at 10.55. Additionally, PRPO Total Debt to Total Capital is recorded at 9.54, with Total Debt to Total Assets ending up at 7.20. Long-Term Debt to Equity for the company is recorded at 4.03, with the Long-Term Debt to Total Capital now at 3.65.

Reflecting on the efficiency of the workforce at the company, Precipio Inc. [PRPO] managed to generate an average of -$186,404 per employee. Receivables Turnover for the company is 7.39 with a Total Asset Turnover recorded at a value of 0.30.Precipio Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.90.

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

With the latest financial reports released by the company, Precipio Inc. posted -0.78/share EPS, while the average EPS was predicted by analysts to be reported at -0.18/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -333.30%. 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 $5 million, or 4.90% of PRPO stock, in the hands of institutional investors. The top three institutional holders of PRPO stocks are: VANGUARD GROUP INC with ownership of 483,205, which is approximately 24.016% of the company’s market cap and around 0.10% of the total institutional ownership; RENAISSANCE TECHNOLOGIES LLC, holding 336,200 shares of the stock with an approximate value of $1.4 million in PRPO stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $0.57 million in PRPO stock with ownership of nearly 57.857% of the company’s market capitalization.

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Positions in Precipio Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 7 institutional holders increased their position in Precipio Inc. [NASDAQ:PRPO] by around 416,867 shares. Additionally, 6 investors decreased positions by around 99,540 shares, while 3 investors held positions by with 589,182 shares. The mentioned changes placed institutional holdings at 1,105,589 shares, according to the latest SEC report filing. PRPO stock had 2 new institutional investments in for a total of 16,955 shares, while 2 institutional investors sold positions of 59,295 shares during the same period.

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