Should You Sell Biosig Technologies Inc (BSGM) And Go Away This Year?

Biosig Technologies Inc (NASDAQ:BSGM) currently has a daily average trading volume of 235.97K but it saw 233186 shares traded in last market. With a market cap of 30.85M USD, the company’s current market price of $1.79 came falling about -6.28 while comparing to the previous closing price of $1.91. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.00 and as low as $0.20. In the recent trading on the day, stock has struck highest price mark of $1.77 while lowest mark touched by it was $1.89.

Taking a look at 20-day trading activity of Biosig Technologies Inc (BSGM) gives us an average price of $1.7732, while its current price level is -64.19% below from 52-week high level whereas it is 790.55% 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 $0.9895 while that of 200 days or SMA-200 reads an average of $0.8636. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.58% during that period while stretching the period over a month that increases to 18.05%. 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 58.54 which implies that the stock is in neutral territory.

Over the week, BSGM’s stock price is moving -4.28% down while it is 79.02% when we observe its performance for the past one month. Year-to-date it is -62.32% down and over the past year, the stock is showing a downside performance of -42.77%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.65 beaten by the consensus estimate of -0.5 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of -0.2 while estimate for next year EPS is -1.0.

Currently, Biosig Technologies Inc’s total number of outstanding shares is 17.23M. Company’s return on equity (ROE) at -8041.70%. Stock’s beta reads 0.56. Stock has a price to sale or P/S ratio amounts to 771.29. Its return on asset (ROA) is -668.42% on average.