Do Analysts Expect Precipio Inc (PRPO) Stock to Rise After It Has Fallen -13.73% in a Month?

Wednesday, December 08, 2021 11:31 AM | InvestorsObserver Analysts

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Do Analysts Expect Precipio Inc (PRPO) Stock to Rise After It Has Fallen -13.73% in a Month?

Analysts who follow Precipio Inc (PRPO) on average expect it to add 248.26% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns Precipio Inc an Analyst Ranking of 74, which means it ranks higher than 74 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating PRPO a Strong Buy today. Find out what this means to you and get the rest of the rankings on PRPO!

See Full PRPO Report

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Precipio Inc Stock Today?

Precipio Inc (PRPO) stock is up 6.63% while the S&P 500 is down -0.05% as of 11:28 AM on Wednesday, Dec 8. PRPO is higher by $0.13 from the previous closing price of $1.89 on volume of 1,617,230 shares. Over the past year the S&P 500 has gained 26.53% while PRPO is down -16.60%. PRPO lost -$0.41 per share the over the last 12 months. Click Here to get the full Stock Report for Precipio Inc stock.