Precipio (PRPO) Shares Gap Up to $0.23
Precipio Inc (NASDAQ:PRPO) shares gapped up before the market opened on Friday . The stock had previously closed at $0.17, but opened at $0.23. Precipio shares last traded at $0.25, with a volume of 202557 shares trading hands.
The company has a quick ratio of 0.13, a current ratio of 0.14 and a debt-to-equity ratio of 0.30.
Precipio (NASDAQ:PRPO) last posted its quarterly earnings results on Monday, November 19th. The biotechnology company reported ($0.13) earnings per share for the quarter. Precipio had a negative return on equity of 149.24% and a negative net margin of 610.39%. The business had revenue of $0.65 million during the quarter.
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Precipio, Inc, a cancer diagnostics company, provides diagnostic products and services to the oncology market. It also develops a platform to eradicate the problem of misdiagnosis within academic institutions. In addition, the company delivers diagnostic information to physicians and their patients. It has collaborations with academic institutions specializing in cancer research, diagnostics, and treatment, as well as PerkinElmer.
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