Biosig Technologies Inc (BSGM): Investing In A Time Of Crisis

Biosig Technologies Inc (NASDAQ:BSGM) currently has a daily average trading volume of 111.43K but it saw 4726260 shares traded in last market. The company’s current market price of $1.00 came rising about 49.25 while comparing to the previous closing price of $0.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.80 and as low as $0.20. In the recent trading on the day, stock has struck highest price mark of $0.51 while lowest mark touched by it was $0.73.

Taking a look at 20-day trading activity of Biosig Technologies Inc (BSGM) gives us an average price of $0.3796, while its current price level is -82.76% below from 52-week high level whereas it is 397.51% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4022 while that of 200 days or SMA-200 reads an average of $0.9131. A closer look into the stock’s movement over the week reveals that its volatility is standing at 45.01% during that period while stretching the period over a month that decreases to 26.87%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 88.21 which implies that the stock is in overbought territory.

Over the week, BSGM’s stock price is moving 207.69% up while it is 212.90% when we observe its performance for the past one month. Year-to-date it is -78.95% down and over the past year, the stock is showing a downside performance of -81.45%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.6 beat the consensus estimate of -1 for the same. The company is expected to be releasing its next quarterly report on 2024-Nov-11, for which analysts forecasted an EPS of -0.2 while estimate for next year EPS is -1.0.

Stock’s beta reads 0.57.