Precipio (NASDAQ:PRPO) Shares Cross Above Two Hundred Day Moving Average of $5.86

Precipio, Inc. (NASDAQ:PRPO) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.86 and traded as high as $6.81. Precipio shares last traded at $6.54, with a volume of 9,360 shares trading hands.

Precipio Stock Performance

The stock’s 50 day simple moving average is $5.94 and its two-hundred day simple moving average is $5.86. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.73 and a quick ratio of 0.59. The company has a market capitalization of $9.71 million, a P/E ratio of -1.92 and a beta of 1.41.

Precipio (NASDAQ:PRPO) last announced its quarterly earnings data on Tuesday, August 13th. The biotechnology company reported ($0.83) earnings per share for the quarter. Precipio had a negative return on equity of 39.66% and a negative net margin of 22.90%. The firm had revenue of $4.44 million for the quarter.

Precipio Company Profile

Precipio, Inc, a healthcare solutions company, provides diagnostic products, reagents, and services in the United States. It provides diagnostic blood cancer testing services. The company offers IV-Cell, a proprietary cell culture media that enables simultaneous culturing of four hematopoietic cell lineages; and HemeScreen, a suite of robust genetic diagnostic panels.