Precipio (PRPO) Shares Gap Up to $0.29

Precipio Inc (NASDAQ:PRPO) gapped up before the market opened on Friday . The stock had previously closed at $0.27, but opened at $0.29. Precipio shares last traded at $0.29, with a volume of 3200 shares.

The company has a quick ratio of 0.11, a current ratio of 0.12 and a debt-to-equity ratio of 0.23.

Precipio (NASDAQ:PRPO) last posted its quarterly earnings data on Thursday, August 23rd. The biotechnology company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.93 by ($2.08). Precipio had a negative return on equity of 163.27% and a negative net margin of 904.42%. The business had revenue of $0.82 million for the quarter.

About Precipio (NASDAQ:PRPO)

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.

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