Precipio, Inc. (NASDAQ:PRPO) has a beta value of 3.01 and has seen 358,214 shares traded in the last trading session. The company, currently valued at $36.69 Million, closed the last trade at $2.13 per share which meant it lost -$0.09 on the day or -4.05% during that session. The PRPO stock price is -275.59% off its 52-week high price of $8 and 74.18% 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 524.41 Million shares traded. The 3-month trading volume is 1.07 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.
Precipio, Inc. (NASDAQ:PRPO) trade information
Despite being -4.05% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Nov 16 when the PRPO stock price touched $2.33-8 or saw a rise of 8.58%. Year-to-date, Precipio, Inc. shares have moved 3.9%, while the 5-day performance has seen it change 1.43%. Over the past 30 days, the shares of Precipio, Inc. (NASDAQ:PRPO) have changed -7.79%. Short interest in the company has seen 1.65 Million shares shorted with days to cover at 1.54.
Wall Street analysts have a consensus price target for the stock at $2, which means that the shares’ value could jump -6.1% 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 -6.1% off the targeted high while a plunge would see the stock lose -6.1% from current levels.
Precipio, Inc. (PRPO) estimates and forecasts
1 analysts offering their estimates for the company have set an average revenue estimate of $2.25 Million for the current quarter. 1 have an estimated revenue figure of $2.64 Million for the next quarter concluding in March 01, 2021. Year-ago sales stood $688Million and $1.22 Million respectively for this quarter and the next, and analysts expect sales will grow by 227% for the current quarter and 117.1% 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%.
Precipio, Inc. (NASDAQ:PRPO)’s Major holders
Insiders own 1.16% of the company shares, while shares held by institutions stand at 3.22% with a share float percentage of 3.26%. Investors are also buoyed by the number of investors in a company, with Precipio, Inc. having a total of 16 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 261.76 Thousand shares worth more than $641.31 Thousand. As of September 29, 2020, Vanguard Group, Inc. (The) held 1.52% of shares outstanding.
The other major institutional holder is Geode Capital Management, LLC, with the holding of over 73.2 Thousand shares as of September 29, 2020. The firm’s total holdings are worth over $179.35 Thousand and represent 0.42% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. As of June 29, 2020, the former fund manager holds about 0.45% shares in the company for having 78152 shares of worth $110.98 Thousand while later fund manager owns 15.76 Thousand shares of worth $34.36 Thousand as of August 30, 2020, which makes it owner of about 0.09% of company’s outstanding stock.