Precipio (NASDAQ:PRPO) Share Price Passes Above 200-Day Moving Average of $5.85

Precipio, Inc. (NASDAQ:PRPO)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $5.85 and traded as high as $6.73. Precipio shares last traded at $6.29, with a volume of 17,946 shares.

Precipio Trading Up 6.6 %

The business has a 50 day moving average price of $5.74 and a 200 day moving average price of $5.85. The company has a market capitalization of $9.89 million, a P/E ratio of -1.89 and a beta of 1.41. The company has a current ratio of 0.73, a quick ratio of 0.59 and a debt-to-equity ratio of 0.03.

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

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.