Precipio Stock Today
PRPO Stock | USD 5.86 0.29 4.72% |
Performance0 of 100
| Odds Of DistressOver 85
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Precipio is selling at 5.86 as of the 25th of April 2024; that is -4.72 percent decrease since the beginning of the trading day. The stock's open price was 6.15. Precipio has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Precipio are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 18th of July 2000 | Category Healthcare | Classification Health Care |
Precipio, Inc., a healthcare solutions company, provides diagnostic products, reagents, and services in the United States. Precipio, Inc. has collaborations with academic institutions specializing in cancer research, diagnostics, and treatment. Precipio operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. The company has 1.43 M outstanding shares of which 5.27 K shares are at this time shorted by private and institutional investors with about 1.82 trading days to cover. More on Precipio
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0.42 | HPQ | HP Inc Financial Report 4th of June 2024 | PairCorr |
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Precipio Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Precipio's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Precipio or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, Director | Ilan Danieli | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Idea | Measuring and Control Equipment (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Health Care Providers & Services, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Measuring and Control Equipment, Health Care, Health Care Providers & Services, Diagnostics & Research, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Precipio report their recommendations after researching Precipio's financial statements, talking to executives and customers, or listening in on Precipio's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Precipio. The Precipio consensus assessment is calculated by taking the average forecast from all of the analysts covering Precipio. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the analysis of Precipio's profitability, liquidity, and operating efficiency, Precipio is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Precipio is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Precipio's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Precipio's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Precipio's financial leverage. It provides some insight into what part of Precipio's total assets is financed by creditors.
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Precipio (PRPO) is traded on NASDAQ Exchange in USA. It is located in 4 Science Park, New Haven, CT, United States, 06511 and employs 51 people. Precipio is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 8.8 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Precipio's market, we take the total number of its shares issued and multiply it by Precipio's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Precipio conducts business under Health Care Providers & Services sector and is part of Health Care industry. The entity has 1.43 M outstanding shares of which 5.27 K shares are at this time shorted by private and institutional investors with about 1.82 trading days to cover.
Precipio currently holds about 7.47 M in cash with (3.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.33.
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Ownership AllocationPrecipio holds 4.42 pct. of its outstanding shares held by insiders and 10.37 pct. owned by third-party entities.
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Precipio Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Precipio jumping above the current price in 90 days from now is about 99.0%. The Precipio probability density function shows the probability of Precipio stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Precipio has a beta of -0.2866 indicating as returns on the benchmark increase, returns on holding Precipio are expected to decrease at a much lower rate. During a bear market, however, Precipio is likely to outperform the market. Additionally, precipio has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Precipio to move above the current price in 90 days from now is about 99.0 (This Precipio probability density function shows the probability of Precipio Stock to fall within a particular range of prices over 90 days) .
Precipio Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Precipio that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Precipio's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Precipio's value.Instituion | Recorded On | Shares | |
Goss Wealth Management Llc | 2023-12-31 | 1.0 | |
State Street Corporation | 2023-09-30 | 0.0 | |
Northern Trust Corp | 2023-09-30 | 0.0 | |
Fmr Inc | 2023-12-31 | 0.0 | |
Fiduciary Alliance Llc | 2023-09-30 | 0.0 | |
Millennium Management Llc | 2023-09-30 | 0.0 | |
Stratos Wealth Partners, Ltd | 2023-09-30 | 0.0 | |
Great Valley Advisor Group, Inc. | 2023-09-30 | 0.0 | |
Renaissance Technologies Corp | 2023-09-30 | 0.0 | |
Kennedy Capital Management Inc | 2023-12-31 | 39.5 K | |
Vanguard Group Inc | 2023-12-31 | 38.5 K |
Precipio Historical Income Statement
Precipio Income Statement is one of the three primary financial statements used for reporting Precipio's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Precipio revenue and expense. Precipio Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Precipio's Total Other Income Expense Net is very stable compared to the past year. As of the 25th of April 2024, Non Recurring is likely to grow to about 7.2 M, while Interest Expense is likely to drop about 17.1 K. View More FundamentalsPrecipio Stock Against Markets
Picking the right benchmark for Precipio stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Precipio stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Precipio is critical whether you are bullish or bearish towards Precipio at a given time. Please also check how Precipio's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Precipio without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Precipio Corporate Directors
Precipio corporate directors refer to members of a Precipio board of directors. The board of directors generally takes responsibility for the Precipio's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Precipio's board members must vote for the resolution. The Precipio board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Michael Luther | Independent Director | Profile | |
Mark Rimer | Director | Profile | |
Samuel Riccitelli | Independent Director | Profile | |
David Cohen | Director | Profile |
How to buy Precipio Stock?
Before investing in Precipio, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Precipio. To buy Precipio stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Precipio. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Precipio stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Precipio stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Precipio stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Precipio, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Precipio Stock please use our How to Invest in Precipio guide.
Already Invested in Precipio?
The danger of trading Precipio is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Precipio is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Precipio. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Precipio is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Precipio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Precipio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Precipio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Precipio Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Precipio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Precipio Stock, please use our How to Invest in Precipio guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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When running Precipio's price analysis, check to measure Precipio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Precipio is operating at the current time. Most of Precipio's value examination focuses on studying past and present price action to predict the probability of Precipio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precipio's price. Additionally, you may evaluate how the addition of Precipio to your portfolios can decrease your overall portfolio volatility.
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Is Precipio's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Precipio. If investors know Precipio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Precipio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.51) | Revenue Per Share 11.709 | Quarterly Revenue Growth 0.811 | Return On Assets (0.24) | Return On Equity (0.38) |
The market value of Precipio is measured differently than its book value, which is the value of Precipio that is recorded on the company's balance sheet. Investors also form their own opinion of Precipio's value that differs from its market value or its book value, called intrinsic value, which is Precipio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Precipio's market value can be influenced by many factors that don't directly affect Precipio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Precipio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Precipio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precipio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.