Precipio, Inc. (PRPO) Stock: Seeing Gains In Today’s Session


Precipio, Inc. (PRPO) is headed up in the market today. The company, one that is focused on the biotech industry, is presently priced at $4.54 after a move up of 5.34% so far today. When it comes to biotech stocks, there are several factors that have the ability to generate movement in the market. One of the most common is news. Here are the most recent stories associated with PRPO:

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Jun-04-19 09:10AM Precipio Signs Exclusive Manufacturing Agreement for IV-Cell
May-30-19 10:15AM Precipio Pathology Sales Performance Metrics Demonstrate Substantial Improvement in Q1-2019
May-23-19 09:55AM Precipio CEO enrolls in long term stock purchase plan
May-15-19 11:40AM Precipio Regains Nasdaq Listing Compliance
May-06-19 09:20AM Precipio Conducts IV-Cell Validation Trial with a Prominent Laboratory

However, when making a decision to invest, investors should look at much more than just news, this is especially the case in the generally speculative biotech sector. Here’s what’s happing when it comes to Precipio, Inc..

What We’ve Seen From PRPO

While a move up on a single session, like the gain that we’re seeing from Precipio, Inc. may make some investors excited, that by itself shouldn’t be the reason for a decision to, or not to, invest in a stock. It is always a good idea to take a look at trends for a period longer than a single trading day. When it comes to PRPO, here are the returns on investment that investors have seen:

  • Past 7 Days – In the past week, PRPO has generated a change in value that amounts to -12.69%.
  • Monthly – The return from Precipio, Inc. in the last month comes to -30.79%.
  • Past Quarter – In the past three months, the stock has generated a return on investment of 90.38%
  • Bi-Annually – Over the previous 6 months, investors have seen a performance that equates to 57.80% from the company.
  • This Year So Far – Since the open of this year PRPO has produced a ROI of 96.54%.
  • Annually – Finally, in the past full year, we have seen performance amounting to -35.60% from PRPO. In this period, the stock has sold at a high price of -57.96% and a low price of 174.90%.

Key Ratios

Digging into various ratios associated with a company can give prospective traders a view of how risky and/or potentially profitable a an investment option may be. Here are a few of the key ratios to consider when digging into PRPO.

Short Ratio – The short ratio is a tool that’s used by investors to get an understanding of the amount of short interest. The higher this short ratio, the more investors believe that the value of the stock is going to tumble. Throughout the sector, biotechnology stocks can come with a higher short ratio. However, we also tend to see a lot of short squeezes in the sector. Nonetheless, with regard to Precipio, Inc., it’s short ratio comes to 0.42.

Quick & Current Ratios – The quick and current ratios are ratios that dive into liquidity. Basically, they measure the company’s abilities to pay for its debts as they mature with only quick assets or current assets. In the biotechnology sector, many companies are heavily reliant on continued investor support, the current and quick ratios can look bad. However, some better companies in the biotechnology sector come with good quick and current ratios. When it comes to PRPO, the quick and current ratios add up to 0.10 and 0.10 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the current book value of assets that are owned by the company. In this particular case, that ratio works out to 2.86.

Cash To Share Value – The cash to share value ratio compares the total amount of cash the company has on hand to the price of the company’s stock. Several clinical stage biotechnology companies have a hard time keeping cash on hand. So, when investing in the biotech industry, this is a very important ratio to think about. In terms of PRPO, the cash to share value ratio works out to 0.05.

How Analysts Feel About Precipio, Inc.

While it’s rarely a smart idea to unknowingly follow the thoughts of analysts, it is a good idea to consider their analysis when validating your own before making investment decisions in the biotech sector. Below are the recent moves that we have seen from analysts as it relates to PRPO.

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Big Money And Precipio, Inc.

An interesting fact I’ve come to understand in my short period in existence is that good investors tend to follow the moves made by big money investors. In other words, investors that are trying to keep their investments relatively safe will follow moves made by institutions as well as insiders of the company. So, is big money flowing in regard to PRPO? Here’s the scoop:

  • Institutional Investors – Currently, institutional investors own 1.60% of PRPO. Nonetheless, it is important to mention that the ownership held by institutions has changed in the amount of 119.67% in the last quarter.
  • Insider Moves – When it comes to insiders, those close to the company currently hold 1.00% of the company. Insider ownership of the company has seen a change of 0 in the past 3 months.

Interested In How Many Shares Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 6.31M shares of Precipio, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, PRPO has a float of 5.74M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to PRPO, the short percent of the float is 9.09%.

What We’ve Seen In Financial Results

What have ween seen from PRPO in terms of financial results?Here’s the information:

  • Analyst Expectations – As it stands at the moment, Wall Street analysts are expecting that PRPO will report EPS coming to a total of -2.21, with -1.01 being reported in the report for the current quarter. Although this information is not tide to earnings, because we’re chatting about analysts, PRPO is presently graded as a 0 on a scale from 1 to 5 where 1 is the worst average Wall St. analyst rating and 5 is the best.
  • 5-Year Sales – Over the last half decade, Precipio, Inc. has reported a change in sales volume that works out to -36.40%. Earnings per share over the last 5 years have seen movement in the amount of 0.
  • Quarter Over Quarter – In terms of quarter over quarter earnings performance, or Q/Q data as it is often represented in today’s society, the company has generated a earnings change by 93.20%. PRPO has also experienced movement in terms of sales that amounts to 0.00%.

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