Precipio Stock Price on December 31, 2023

PRPO Stock  USD 5.87  0.03  0.51%   
Below is the normalized historical share price chart for Precipio extending back to July 18, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Precipio stands at 5.87, as last reported on the 4th of December, with the highest price reaching 6.00 and the lowest price hitting 5.87 during the day.
IPO Date
18th of July 2000
200 Day MA
6.0536
50 Day MA
6.4592
Beta
1.424
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Precipio Stock, it is important to understand the factors that can impact its price. Precipio maintains Sharpe Ratio (i.e., Efficiency) of -0.0264, which implies the firm had a -0.0264% return per unit of risk over the last 3 months. Precipio exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Precipio's Risk Adjusted Performance of (0.03), variance of 6.84, and Coefficient Of Variation of (2,060) to confirm the risk estimate we provide.
  
At this time, Precipio's Total Stockholder Equity is very stable compared to the past year. As of the 4th of December 2024, Common Stock Shares Outstanding is likely to grow to about 1.4 M, while Common Stock is likely to drop about 13.3 K. . At this time, Precipio's Price Book Value Ratio is very stable compared to the past year. As of the 4th of December 2024, Price To Book Ratio is likely to grow to 0.99, while Price To Sales Ratio is likely to drop 0.53. Precipio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0264

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Estimated Market Risk

 2.61
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Precipio is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Precipio by adding Precipio to a well-diversified portfolio.
Price Book
0.7396
Enterprise Value Ebitda
(1.15)
Price Sales
0.5284
Shares Float
1.3 M
Wall Street Target Price
19

Precipio Valuation on December 31, 2023

It is possible to determine the worth of Precipio on a given historical date. On December 31, 2023 Precipio was worth 6.38 at the beginning of the trading date compared to the closed value of 6.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Precipio stock. Still, in general, we apply an absolute valuation method to find Precipio's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Precipio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Precipio's related companies.
 Open High Low Close Volume
  6.47    6.83    6.47    6.50    6,393  
12/29/2023
  6.38    6.70    6.33    6.50    2,875  
  6.51    6.51    6.40    6.51    1,910  
Backtest Precipio  |  Precipio History  |  Precipio Valuation   PreviousNext  
Open Value
6.38
6.5
Closing Value
14.22
Upside

Precipio Trading Date Momentum on December 31, 2023

On January 02 2024 Precipio was traded for  6.51  at the closing time. The top price for the day was 6.51  and the lowest listed price was  6.40 . The trading volume for the day was 1.9 K. The trading history from January 2, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.15% . The trading delta at closing time against the current closing price is 2.00% .

Precipio Fundamentals Correlations and Trends

By evaluating Precipio's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Precipio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Precipio financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Precipio Stock history

Precipio investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Precipio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Precipio will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Precipio stock prices may prove useful in developing a viable investing in Precipio
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.3 M1.4 M
Net Loss-9.8 M-10.3 M

Precipio Stock Technical Analysis

Precipio technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Precipio technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Precipio trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Precipio Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Precipio cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Precipio December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Precipio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Precipio shares will generate the highest return on investment. By undertsting and applying Precipio stock market strength indicators, traders can identify Precipio entry and exit signals to maximize returns

Precipio Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Precipio's price direction in advance. Along with the technical and fundamental analysis of Precipio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Precipio to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Precipio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Precipio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Precipio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Precipio Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Precipio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Precipio Stock, please use our How to Invest in Precipio guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Precipio. If investors know Precipio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Precipio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.81)
Revenue Per Share
11.73
Quarterly Revenue Growth
0.257
Return On Assets
(0.19)
Return On Equity
(0.29)
The market value of Precipio is measured differently than its book value, which is the value of Precipio that is recorded on the company's balance sheet. Investors also form their own opinion of Precipio's value that differs from its market value or its book value, called intrinsic value, which is Precipio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Precipio's market value can be influenced by many factors that don't directly affect Precipio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Precipio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Precipio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precipio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.