Precipio Inc. (NASDAQ:PRPO) changes shares on Tuesday trading session, with a change of 25.24% or $0.8 shares. The trading starts at $3.06 and closed at $3.17 throughout the day. The trading session low price was $2.885 and day high was $5.00 on Tuesday, August 04. After the session, the Healthcare sector daily volume shifted to 28.73 million while its average volume is 3.75M. In other hand, the PRPO market cap reached to $129.34M. While, its current target price is $4.15.
On July 7, 2020, BRIEF-Precipio Inc Files For Offering 4.5 Million Shares Of Common Stock By Selling Stockholder. According to the news reported on Reuters, * PRECIPIO INC FILES FOR OFFERING 4.5 MILLION SHARES OF COMMON STOCK BY SELLING STOCKHOLDER – SEC FILING Source text: [ID:https://bit.ly/31VeXeg] Further company coverage:
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 230.83% and up 203.05% for month. Its quarterly performance was 496.01% above, while its half year performance is up 112.30%. PRPO yearly performance stood at positive 47.04% and rise 93.66% for year-to-date. Current recommendation for Precipio Inc. is 2.00.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. PRPO EPS (TTM) for 12-month is -2.64. EPS for this year is 83.20%, while for the next year its value is -0.31. Its EPS Q/Q reached -63.00%. It has an EPS of 68.20% up for past five years and for the next five years will be up 20.00%.
Let’s take a look on the analyst recommendations on PRPO for the current month and previous month. For the current month, 1 of 1 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $2.00 – $2.00. Average target price for PRPO was reached at $2.00.
The insider ownership moved to 0.10% and institutional holding shifted to 1.90%.
The company posted an EPS (TTM) of -2.64. According to the most recent quarter report on (Jun 2020), 1 analysts estimated an average EPS of -0.2, while -1.05 EPS posted a year ago period. Analyst Estimated EPS for PRPO published in the report was -$0.2 – -$0.2 during the same period. Comparing with last year, the average estimated EPS was -1.05 which is lower than -0.78 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for PRPO rise 161.28% for period of 200 days. SMA for 50 days was 185.59% which is showing green signal, while SMA-20 was 124.04%. The moving average value for Precipio Inc. (PRPO) is 1.2426 and 1.6480 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in PRPO stock. On Jul 07, Sabet Ahmed Zaki, Chief Operations Officer, bought 281 trading shares at the cost of $0.96, which valued at 270.0. On Jul 07, Sabet Ahmed Zaki, Chief Operations Officer, bought 169 shares at the cost of $1.60, with total shares of 4,376. On Jul 06, DANIELI ILAN, Chief Executive Officer, bought 2,585 shares at the cost of 0.96. After this transaction, DANIELI ILAN total shares reached to 18,176 which valued at 2482.0.