Precipio, Inc. is a healthcare biotechnology company that is focused on cancer diagnostics. The Company’s technologies include HemeScreen and IV-Cell. The HemeScreen panels test for the presence of various mutations. In developing HemeScreen, it focused on improving the economics of providing blood cancer diagnostic tests and reducing laboratory technician time consumed in the testing process. Its technology enables testing to be completed in one rapid scanning process. IV-Cell is a cell culture media that addresses the problem of diagnostic mistakes through the process of selective culturing. IV-Cell is a universal media that enables simultaneous culturing of all four hematopoietic cell lineages. Its product category includes Molecular Kits and IV-Cell Cytogenetics Media. The Molecular Kits include Quantitative MPN Panel, ABL1 Resistance Panel, and others. The Company’s laboratory and research and development (R&D) facilities are located in New Haven, Connecticut and Omaha, Nebraska.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 58.25% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 24.05M.
Undervalued
The company’s latest PE is -58.14, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 341.74K shares, decreasing 7.77% quarter-over-quarter.
Held by James Simons
Star Investor James Simons holds 14.50K shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 1.65.