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However, the stock has lost 35.8% in price since hitting its 52-week high to close yesterday’s trading session at $3.37.
PRPO announced a new at-the-market (ATM) arrangement on April 5, 2021, which is expected to be its primary financing method. Also, its current trading volume is 395,993, while its average volume is 1,577,112, indicating lowered liquidity. Furthermore, the company’s losses widened in the second quarter. So, PRPO’s near-term prospects look bleak.
