Precipio, Inc. (NASDAQ:PRPO) Director Richard A. Sandberg Sells 2,000 Shares

Precipio, Inc. (NASDAQ:PRPO - Get Free Report) Director Richard A. Sandberg sold 2,000 shares of the firm's stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $6.28, for a total value of $12,560.00. Following the sale, the director now owns 16,525 shares of the company's stock, valued at $103,777. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Precipio Stock Up 2.3 %

Shares of Precipio stock opened at $6.14 on Wednesday. The business has a 50-day moving average of $6.47 and a 200-day moving average of $5.89. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.60 and a current ratio of 0.73. Precipio, Inc. has a 1-year low of $4.31 and a 1-year high of $8.49.

Precipio (NASDAQ:PRPO - Get Free Report) last posted its quarterly earnings results on Tuesday, August 13th. The biotechnology company reported ($0.83) EPS for the quarter. Precipio had a negative return on equity of 34.01% and a negative net margin of 17.23%. The firm had revenue of $4.44 million during the quarter.

Precipio Company Profile

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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