Thinking of Selling Predictive Oncology Inc. (NASDAQ:POAI) Stock? First, You Need to See This

Predictive Oncology Inc. (NASDAQ:POAI) price on Wednesday, Jan 06, dropped -6.46% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.8.

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A look at the stock’s price movement, the close in the last trading session was $0.85, moving within a range at $0.7703 and $0.8900. The beta value (5-Year monthly) was 1.66 while the PE ratio in trailing twelve months stood at 0. Turning to its 52-week performance, $5.3 and $0.63 were the 52-week high and 52-week low respectively. Overall, POAI moved 6% over the past month.

Turning to the stock’s technical picture we see that short term indicators suggest on average that POAI is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.

In the market, a comparison of Predictive Oncology Inc. (POAI) and its peers suggest the former has performed considerably weaker. Data shows POAI’s intraday price has changed -6.46% in last session and -70.22% over the past year. Comparatively, Cerner Corp (CERN) has moved +0.79% on the day and only +7.96% in the past 12 months. Looking at another peer, we see that 10X Genomics Inc (TXG) price has dipped -0.99% on the day. However, the stock is 84.59% off its price a year ago. Moreover, Invitae Corp (NVTA) is also down -6.46% in trading on the day while keeping a downtrend of -70.22% over the past year. If we look at the PE ratio, we find that Predictive Oncology Inc.’s ratio stands at 0 compared to Cerner Corp’s 30.83 and 10X Genomics Inc’s 0. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are up 0.57% and 1.44respectively in the last trading.

If we refocus on Predictive Oncology Inc. (NASDAQ:POAI), historical trading data shows that trading volumes averaged 1.83 Million over the past 10 days and 807.16 Million over the past 3 months. The company’s latest data on shares outstanding shows there are 17.68 Million shares.

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As per Thomson Reuters, 10.36% of Predictive Oncology Inc.’s shares are in the hands of company insiders while institutional holders own 2.17% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 270Million on December 14, 2020, giving us a short ratio of 0.37. The data shows that as of December 14, 2020 short interest in Predictive Oncology Inc. (POAI) stood at 1.53% of shares outstanding, with shares short dropping from 343.16 Million registered in November. Current price change has pushed the stock +8.55% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the POAI stock continues to rise going into the next quarter.

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