Biosig Technologies Inc (NASDAQ:BSGM) does about 139.27K shares in volume on a normal day but saw 1597352 shares change hands in the recent trading day. The company now has a market cap of 25.02M USD. Its current market price is $1.53, marking an increase of 37.84% compared to the previous close of $1.11. The 52 week high reached by this stock is $5.45 whilst the lowest price level in 52 weeks is $0.20.
Biosig Technologies Inc (BSGM) has a 20-day trading average at $0.6758 and the current price is -71.93% off the 52-week high compared with 661.19% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.4988 and its 200-day simple moving average is $0.8364. If we look at the stock’s price movements over the week, volatility stands at 17.79%, which increases to 27.07% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 84.10 to suggest the stock is overbought.
The consensus objective for the share price is $2.50, suggesting that the stock has a potential upside of 38.8% over the period.
The current price level is 126.40%, 206.71%, and 82.93% away from its SMA20, SMA50, and SMA200 respectively, with the BSGM price moving below the 50-day SMA on current market day. Biosig Technologies Inc (BSGM) stock is up 60.03% over the week and 415.85% over the past month. Its price is -67.79% year-to-date and -66.74% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/30/2024, with the company’s earnings per share (EPS) of -0.6 above consensus estimates by 0.4. The company’s next earnings report forecasts estimating quarterly EPS at -0.2 and -1.0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 38.8 percent from here.
The beta has a value of 0.35. Price to sales ratio is 625.46.
