How to buy Precipio stock | 2.21

Precipio, Inc is a diagnostics & research business based in the US. Precipio shares (PRPO) are listed on the NASDAQ and all prices are listed in US Dollars. Precipio employs 50 staff and has a trailing 12-month revenue of around USD$4.8 million.

How to buy shares in Precipio

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Precipio. Find the stock by name or ticker symbol: PRPO. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Precipio reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$2.21, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Precipio, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Precipio. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Precipio's share price?

Since the stock market crash in March caused by coronavirus, Precipio's share price has had significant positive movement.

Its last market close was USD$2.21, which is 24.89% up on its pre-crash value of USD$1.66 and 240.00% up on the lowest point reached during the March crash when the shares fell as low as USD$0.65.

If you had bought USD$1,000 worth of Precipio shares at the start of February 2020, those shares would have been worth USD$355.32 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,163.17.

Precipio share price

Use our graph to track the performance of PRPO stocks over time.

Precipio shares at a glance

• Key figures

Information last updated 2020-11-28.

Latest market close	USD$2.21
52-week range	USD$0.55 - USD$5
50-day moving average	USD$2.1687
200-day moving average	USD$1.9314
Wall St. target price	USD$4.15
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	USD$-5.807

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Is it a good time to buy Precipio stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Precipio, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Precipio price performance over time

Historical closes compared with the close of $2.21 from 2020-11-16

1 week (2020-11-20)	N/A
1 month (2020-10-30)	13.92%
3 months (2020-08-28)	N/A
6 months (2020-05-28)	N/A

1 year (2019-11-27)	N/A
2 years (2018-11-27)	N/A
3 years (2017-11-27)	N/A
5 years (2015-11-27)	N/A

Precipio financials

Revenue TTM	USD$4.8 million
Gross profit TTM	USD$219,000
Return on assets TTM	-27.7%
Return on equity TTM	-85.82%
Profit margin	-259.08%
Book value	$0.83
Market capitalisation	USD$38.6 million

TTM: trailing 12 months

Shorting Precipio shares

There are currently 1.6 million Precipio shares held short by investors – that's known as Precipio's "short interest". This figure is 1% down from 1.7 million last month.

There are a few different ways that this level of interest in shorting Precipio shares can be evaluated.

Precipio's "short interest ratio" (SIR)

Precipio's "short interest ratio" (SIR) is the quantity of Precipio shares currently shorted divided by the average quantity of Precipio shares traded daily (recently around 512698.7460815). Precipio's SIR currently stands at 3.19. In other words for every 100,000 Precipio shares traded daily on the market, roughly 3190 shares are currently held short.

However Precipio's short interest can also be evaluated against the total number of Precipio shares, or, against the total number of tradable Precipio shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Precipio's short interest could be expressed as 0.09% of the outstanding shares (for every 100,000 Precipio shares in existence, roughly 90 shares are currently held short) or 0.096% of the tradable shares (for every 100,000 tradable Precipio shares, roughly 96 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Precipio.

Find out more about how you can short Precipio stock.

Precipio share dividends

We're not expecting Precipio to pay a dividend over the next 12 months.

Have Precipio's shares ever split?

Precipio's shares were split on a 1:15 basis on 29 April 2019. So if you had owned 15 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Precipio shares – just the quantity. However, indirectly, the new 1400% higher share price could have impacted the market appetite for Precipio shares which in turn could have impacted Precipio's share price.

Precipio share price volatility

Over the last 12 months, Precipio's shares have ranged in value from as little as $0.55 up to $5. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Precipio's is 3.1255. This would suggest that Precipio's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Precipio overview

Precipio, Inc., a cancer diagnostics company, provides diagnostic products and services in the United States oncology market. Its product consists of clinical diagnostic services. The company's clinical diagnostic services focus on the diagnosis of different hematopoietic or blood-related cancers to oncologists. Its cytogenetics media IV-Cell enables laboratories to arrive at more accurate results; and HemeScreen panel enables hospitals and laboratories to run an important genetic mutation test. It serves oncologists, hospitals, reference laboratories, and pharma and biotech companies. Precipio, Inc. has collaborations with academic institutions specializing in cancer research, diagnostics, and treatment, such as the Yale School of Medicine and Harvard's Dana-Farber Cancer Institute. The company is based in New Haven, Connecticut.

Frequently asked questions

• What percentage of Precipio is owned by insiders or institutions?

  Currently 1.157% of Precipio shares are held by insiders and 3.221% by institutions.

• How many people work for Precipio?

  Latest data suggests 50 work at Precipio.

• When does the fiscal year end for Precipio?

  Precipio's fiscal year ends in December.

• Where is Precipio based?

  Precipio's address is: 4 Science Park, New Haven, CT, United States, 06511

• What is Precipio's ISIN number?

  Precipio's international securities identification number is: US74019L5030

• What is Precipio's CUSIP number?

  Precipio's Committee on Uniform Securities Identification Procedures number is: 74019L107