Precipio, Inc. (NASDAQ:PRPO) has a beta value of 2.91 and has seen 1,062,895 shares traded in the last trading session. The company, currently valued at $16.26 Million, closed the last trade at $1.46 per share which meant it lost $0 on the day or 2.1% during that session. The PRPO stock price is -200.69% off its 52-week high price of $4.39 and 62.33% above the 52-week low of $0.55. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.46 Million shares traded. The 3-month trading volume is 1.11 Million shares.
The consensus among analysts is that Precipio, Inc. (PRPO) is a Buy stock at the moment, with a recommendation rating of 2. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 1 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.2.
Precipio, Inc. (NASDAQ:PRPO) trade information
Sporting 2.1% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Jun 24 when the PRPO stock price touched $2.1 or saw a rise of 30.48%. Year-to-date, Precipio, Inc. shares have moved -28.78%, while the 5-day performance has seen it change 29.2%. Over the past 30 days, the shares of Precipio, Inc. (NASDAQ:PRPO) have changed 62.04%. Short interest in the company has seen 836.67 Million shares shorted with days to cover at 753.76.
Wall Street analysts have a consensus price target for the stock at $2, which means that the shares’ value could jump 36.99% from current levels. The projected low price target is $2 while the price target rests at a high of $2. In that case, then, we find that the current price level is +36.99% off the targeted high while a plunge would see the stock lose 36.99% from current levels.
Precipio, Inc. (PRPO) estimates and forecasts
Figures show that Precipio, Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -28.78% over the past 6 months, with this year growth rate of NA%, compared to NA% for the industry. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 81% and 35.5% for the next quarter. Revenue growth from the last financial year stood is estimated to be +79.7%.
1 analysts offering their estimates for the company have set an average revenue estimate of $900Million for the current quarter. 1 have an estimated revenue figure of $1.25 Million for the next quarter concluding in September 01, 2020. Year-ago sales stood $942Million and $784Million respectively for this quarter and the next, and analysts expect sales will grow by -4.5% for the current quarter and 59.4% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +68.2% over the past 5 years. Earnings growth for 2020 is a modest +83.2% while over the next 5 years, the company’s earnings are expected to increase by 20%.