Prenetics Global Limited (NASDAQ:PRE - Get Free Report) was up 0.5% during mid-day trading on Monday . The stock traded as high as $8.10 and last traded at $8.10. Approximately 42,728 shares traded hands during mid-day trading, a decline of 6% from the average daily volume of 45,683 shares. The stock had previously closed at $8.06.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised shares of Prenetics Global to a "hold" rating in a report on Saturday, July 5th.
Check Out Our Latest Research Report on PRE
Prenetics Global Trading Down 4.0%
The stock's fifty day moving average is $8.38 and its two-hundred day moving average is $6.17. The company has a market capitalization of $100.58 million, a PE ratio of -1.94 and a beta of 0.15.
Prenetics Global (NASDAQ:PRE - Get Free Report) last issued its quarterly earnings results on Thursday, June 12th. The company reported ($0.80) earnings per share for the quarter. The company had revenue of $17.31 million during the quarter. Prenetics Global had a negative return on equity of 28.07% and a negative net margin of 115.91%. As a group, analysts anticipate that Prenetics Global Limited will post -3.3 EPS for the current fiscal year.
Hedge Funds Weigh In On Prenetics Global
A hedge fund recently raised its stake in Prenetics Global stock. Nomura Holdings Inc. grew its stake in shares of Prenetics Global Limited (NASDAQ:PRE - Free Report) by 3.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 333,528 shares of the company's stock after buying an additional 10,576 shares during the period. Nomura Holdings Inc. owned 2.73% of Prenetics Global worth $1,307,000 at the end of the most recent reporting period. 25.01% of the stock is currently owned by institutional investors and hedge funds.
Prenetics Global Company Profile
(
Get Free Report)
Prenetics Global Limited, a genomics-driven health sciences company, engages in revolutionizing prevention, early detection, and treatment. It offers CircleDNA, a prevention arm that uses whole exome sequencing to offer comprehensive consumer DNA test. The company also, through its joint venture, Insighta, engages in pioneering multi-cancer early detection technologies.
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