PRE Stock Recent News

First Quarter Revenue Increased 30.2% and Gross Profit Increased 159.8% from Prior Year Quarter

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

If Warren Buffett was your financial advisor, he might steer you toward reliable blue-chip investments, not wildly speculative stocks to buy now. Put another way, you're probably not going to find these enterprises listed among the holdings of Berkshire Hathaway (NYSE: BRK-B ).

Prenetics Global Limited (PRE) closed the most recent trading day at $0.89, making no change from the previous trading session.

Prenetics Global Limited (PRE) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

The company announced a key FDA clearance.