Prenetics Global Stock Today

PRE Stock  USD 4.36  0.17  3.75%   

Performance

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Odds Of Distress

Less than 9

 
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Prenetics Global is trading at 4.36 as of the 20th of September 2024, a 3.75 percent decrease since the beginning of the trading day. The stock's lowest day price was 4.36. Prenetics Global has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Prenetics Global are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of October 2022 and ending today, the 20th of September 2024. Click here to learn more.
Business Domain
Insurance
IPO Date
18th of May 2022
Category
Healthcare
Classification
Financials
Prenetics Global Limited, an investment holding company, operates as a diagnostics and genetic testing company. Prenetics Global Limited was founded in 2014 and is headquartered in Quarry Bay, Hong Kong. Prenetics Global is traded on NASDAQ Exchange in the United States. The company has 10.64 M outstanding shares of which 27.05 K shares are at this time shorted by investors with about 1.32 days to cover. More on Prenetics Global

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Prenetics Stock Highlights

ESG Sustainability
Environmental
Governance
Social
People PresidentSamantha Kwok
Thematic IdeaMeasuring and Control Equipment (View all Themes)
Old Names[Paleo Resources Inc, PRECISION DRILLING, PRECISION DRILLING (PRE.SG), Precision Drilling Corporation]
Business ConcentrationReinsurance, Diagnostics & Research, Financials, HNX MidSmall Cap, HNX Financials, HNX, Measuring and Control Equipment, Financials, Insurance, Diagnostics & Research, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.08130.0855
Notably Down
Pretty Stable
Gross Profit Margin0.310.4061
Way Down
Slightly volatile
Total Current Liabilities47.2 M39.5 M
Fairly Up
Slightly volatile
Non Current Liabilities Total4.3 M4.5 M
Notably Down
Pretty Stable
Total Assets241.5 M254.2 M
Notably Down
Slightly volatile
Total Current Assets108.7 M85.3 M
Significantly Up
Slightly volatile
Debt Levels
Prenetics Global can leverage 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 Prenetics Global's financial leverage. It provides some insight into what part of Prenetics Global's total assets is financed by creditors.
Liquidity
Prenetics Global has 2.37 M in debt with debt to equity (D/E) ratio of 0.07, which may show that the company is not taking advantage of profits from borrowing. Prenetics Global has a current ratio of 4.95, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Prenetics to invest in growth at high rates of return.

Dividends Paid

0.0
Prenetics Global (PRE) is traded on NASDAQ Exchange in USA. It is located in Unit 703-706, K11 Atelier King?s Road, Quarry Bay, Hong Kong and employs 320 people. Prenetics Global is listed under Reinsurance category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 55.28 M. Prenetics Global runs under Insurance sector within Financials industry. The entity has 10.64 M outstanding shares of which 27.05 K shares are at this time shorted by investors with about 1.32 days to cover. Prenetics Global has about 176.27 M in cash with (9.82 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.59.
Check Prenetics Global Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Prenetics Global is $55.28 Million. Prenetics Global has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Prenetics Ownership Details

Prenetics Stock Institutional Holders

InstituionRecorded OnShares
Prudential Corp Plc2024-06-30
483 K
Aspex Management (hk) Ltd2024-06-30
346.1 K
Nomura Holdings Inc2024-06-30
323 K
Ubs Group Ag2024-06-30
40.1 K
Aspire Private Capital, Llc2024-06-30
114
Bank Of America Corp2024-06-30
111
Wolverine Asset Management Llc2024-06-30
1.0
Yu Fan2024-06-30
0.0
Advisor Group Holdings, Inc.2024-06-30
0.0
View Prenetics Global Diagnostics

Prenetics Global Historical Income Statement

At present, Prenetics Global's Minority Interest is projected to decrease significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 10.7 M, whereas Gross Profit is forecasted to decline to about 8.4 M. View More Fundamentals

Prenetics Stock Against Markets

Prenetics Global Corporate Management

Senthil MDChief OfficerProfile
Yvonne WongChief OfficerProfile
Avrom LasarowChief EMEAProfile
Yung DPHILChief OfficerProfile
Joel NeohChief CircleDNAProfile

Additional Information and Resources on Investing in Prenetics Stock

When determining whether Prenetics Global is a strong investment it is important to analyze Prenetics Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Prenetics Global's future performance. For an informed investment choice regarding Prenetics Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prenetics Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Prenetics Stock refer to our How to Trade Prenetics Stock guide.
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Is Reinsurance space 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 Prenetics Global. If investors know Prenetics 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 Prenetics Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.28)
Revenue Per Share
1.991
Quarterly Revenue Growth
(0.64)
Return On Assets
(0.11)
Return On Equity
(0.24)
The market value of Prenetics Global is measured differently than its book value, which is the value of Prenetics that is recorded on the company's balance sheet. Investors also form their own opinion of Prenetics Global's value that differs from its market value or its book value, called intrinsic value, which is Prenetics Global'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 Prenetics Global's market value can be influenced by many factors that don't directly affect Prenetics Global'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 Prenetics Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prenetics Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prenetics Global'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.