Precipio (NASDAQ:PRPO) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Precipio, Inc. (NASDAQ:PRPOGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.88 and traded as high as $6.79. Precipio shares last traded at $6.79, with a volume of 319 shares.

Precipio Stock Up 0.7 %

The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.59 and a current ratio of 0.73. The company’s fifty day moving average is $6.11 and its 200-day moving average is $5.88.

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

About Precipio

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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.

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