Precipio Inc (NASDAQ:PRPO)’s share price shot up 16.1% during mid-day trading on Wednesday . The stock traded as high as $0.78 and last traded at $0.52. 234,462 shares traded hands during mid-day trading, an increase of 31% from the average session volume of 178,325 shares. The stock had previously closed at $0.62.

Separately, ValuEngine raised Precipio from a “strong sell” rating to a “sell” rating in a research note on Friday, February 2nd.

The company has a quick ratio of 0.07, a current ratio of 0.08 and a debt-to-equity ratio of 0.01.

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Precipio Company Profile

Precipio, Inc, formerly Transgenomic, Inc, is a biotechnology company. The Company is engaged in advancing personalized medicine for the detection and treatment of cancer, and inherited diseases through its molecular technologies and clinical and research services. The Company operates through its Laboratory Services segment.

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