Shares of Precipio, Inc. (NASDAQ:PRPO) recorded 42.48% gain during trading session on January 10th, 2019. The script traded as low as $0.225 and last traded at $0.24. 27.88 million shares changed exchanged hands during trading, a drop of -3500238.53% from the 30-day average session volume of 796.39K shares. The firm had previously closed at $0.17. The company has $29.17M outstanding shares, price-to-earnings-growth ratio of 2.21and a beta of 0.82. The company has a RSI of 65.31, ATR of 0.03 and a volatility of 18.60% this week. PRPO has a 52 week low price of $0.15 and a 52 week high price of $1.75.

Investors have identified the tech company Precipio, Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 6.86M, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Precipio, Inc. (PRPO) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For PRPO, the company has in raw cash 219000 on their books with 1.82 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 0 total, with 0 as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.

PRPO were able to record 4.87 million as free cash flow during the recently reported quarter of the year, this saw their quarterly net cash flow reduce by 202000. In cash movements, the company had a total of 4.8 million as operating cash flow.

Potential earnings growth for Precipio, Inc. (PRPO)

In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Precipio, Inc. recorded a total of 650000 in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.58% coming in sequential stages and their sales for the third quarter reducing by -0.26%.

What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 661000 trying to sell their products during the last quarter, with the result yielding a gross income of 11000. This allows shareholders to hold on to 29.17M with the revenue now reading -170 cents per share.