Precipio (NASDAQ:PRPO) Shares Cross Below 200-Day Moving Average of $6.14

Precipio, Inc. (NASDAQ:PRPOGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.14 and traded as low as $4.96. Precipio shares last traded at $5.19, with a volume of 1,954 shares.

Precipio Price Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 0.78 and a quick ratio of 0.62. The company has a 50 day moving average price of $5.76 and a 200 day moving average price of $6.14. The firm has a market cap of $7.63 million, a PE ratio of -1.52 and a beta of 1.27.

Precipio (NASDAQ:PRPOGet Free Report) last released its quarterly earnings results on Tuesday, May 14th. The biotechnology company reported ($1.46) EPS for the quarter. Precipio had a negative return on equity of 46.12% and a negative net margin of 31.00%. The company had revenue of $3.43 million for the quarter.

About Precipio

(Get Free Report)

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.

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