Precipio, Inc. (PRPO) Reaches $0.39 52-Week Low; Alliancebernstein Holding LP Has 0.93 Sentiment

June 25, 2018 - By Clifton Ray

AllianceBernstein Holding L.P. (NYSE:AB) Logo

Alliancebernstein Holding LP (AB) investors sentiment decreased to 0.93 in Q1 2018. It’s down -0.62, from 1.55 in 2017Q4. The ratio has dropped, as 52 investment professionals opened new and increased equity positions, while 56 sold and reduced equity positions in Alliancebernstein Holding LP. The investment professionals in our database now hold: 20.68 million shares, down from 20.73 million shares in 2017Q4. Also, the number of investment professionals holding Alliancebernstein Holding LP in top ten equity positions increased from 1 to 2 for an increase of 1. Sold All: 17 Reduced: 39 Increased: 32 New Position: 20.

The stock of Precipio, Inc. (NASDAQ:PRPO) hit a new 52-week low and has $0.37 target or 6.00% below today’s $0.39 share price. The 6 months bearish chart indicates high risk for the $8.06 million company. The 1-year low was reported on Jun, 25 by Barchart.com. If the $0.37 price target is reached, the company will be worth $483,780 less. The stock decreased 6.19% or $0.026 during the last trading session, reaching $0.3939. About 515,235 shares traded. Precipio, Inc. (NASDAQ:PRPO) has declined 93.08% since June 25, 2017 and is downtrending. It has underperformed by 105.65% the S&P500.

Precipio, Inc. provides diagnostic information to physicians and their patients worldwide. The company has market cap of $8.06 million. It has collaborations with academic institutions specializing in cancer research, diagnostics, and treatment. It currently has negative earnings.

More important recent Precipio, Inc. (NASDAQ:PRPO) news were published by: Globenewswire.com which released: “Precipio Inc. Announces Adjournment of Annual Meeting of Shareholders” on June 16, 2018, also Nasdaq.com published article titled: “Precipio Updates Commercial Pipeline for its ICE-COLD PCRâ„¢ Liquid Biopsy Technology”, Nasdaq.com published: “Precipio Reminds Shareholders to Vote Before the Annual General Meeting on June 15, 2018” on June 14, 2018. More interesting news about Precipio, Inc. (NASDAQ:PRPO) was released by: Globenewswire.com and their article: “Precipio Strengthens Patent Portfolio with Expanded Kit Claims for its Liquid Biopsy Enabling DNA Mutation …” with publication date: June 06, 2018.

Meiji Yasuda Life Insurance Co holds 6.53% of its portfolio in AllianceBernstein Holding L.P. for 1.59 million shares. Seminole Management Co. Inc. owns 506,603 shares or 3.14% of their US portfolio. Moreover, Groesbeck Investment Management Corp Nj has 2.38% invested in the company for 122,231 shares. The California-based Philadelphia Financial Management Of San Francisco Llc has invested 1.67% in the stock. Perkins Capital Management Inc, a Minnesota-based fund reported 45,700 shares.

AllianceBernstein Holding L.P. is publicly owned investment manager. The company has market cap of $2.82 billion. The firm also provides research services to its clients. It has a 12.37 P/E ratio. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, firms, and other business entities.

Another recent and important AllianceBernstein Holding L.P. (NYSE:AB) news was published by Prnewswire.com which published an article titled: “AB Announces May 31, 2018 Assets Under Management” on June 11, 2018.

Analysts await AllianceBernstein Holding L.P. (NYSE:AB) to report earnings on July, 26. They expect $0.57 earnings per share, up 16.33% or $0.08 from last year’s $0.49 per share. AB’s profit will be $55.71M for 12.66 P/E if the $0.57 EPS becomes a reality. After $0.73 actual earnings per share reported by AllianceBernstein Holding L.P. for the previous quarter, Wall Street now forecasts -21.92% negative EPS growth.

AllianceBernstein Holding L.P. (NYSE:AB) Ratings Chart

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