Progenity (PROG) situation

Progenity Inc is a biotechnology company. It is engaged in developing and commercializing molecular testing products as well as innovating in the field of precision medicine. Revenue source is from Innatal, Preparent, and pathology molecular testing.
Recently announced $40 Million Private Placement (8-k)
Launches strategic transformation by eliminating costs of Progenity Genetics Lab and focusing on robust, innovative R&D pipeline.
With focuses on:
--> Cost-Focus
--> New opportunities and innovation
--> Continued development of GI-targeted therapeutics and oral biopharmaceuticals delivery system (OBDS)
A variety of "Analysts" state that PROG is either a buy or hold as they expect increases in revenue and EPS
Insider (Athyrium) buying since the 3rd around $47 millions dollars
A new fraud case has been opened against Officers and Directors of Progenity for over billing the US government by 10.3 million dollars
Recently announced $40 Million Private Placement (8-k)
Launches strategic transformation by eliminating costs of Progenity Genetics Lab and focusing on robust, innovative R&D pipeline.
With focuses on:
--> Cost-Focus
--> New opportunities and innovation
--> Continued development of GI-targeted therapeutics and oral biopharmaceuticals delivery system (OBDS)
A variety of "Analysts" state that PROG is either a buy or hold as they expect increases in revenue and EPS
Insider (Athyrium) buying since the 3rd around $47 millions dollars
A new fraud case has been opened against Officers and Directors of Progenity for over billing the US government by 10.3 million dollars
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.