Biosig Technologies Inc (NASDAQ:BSGM) does about 194.56K shares in volume on a normal day but saw 4324078 shares change hands in the recent trading day. The company now has a market cap of 15.94M USD. Its current market price is $0.93, marking an increase of 12.13% compared to the previous close of $0.82. The 52 week high reached by this stock is $2.98 whilst the lowest price level in 52 weeks is $0.20.
Biosig Technologies Inc (BSGM) has a 20-day trading average at $0.9350 and the current price is -68.96% off the 52-week high compared with 360.20% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.1889 and its 200-day simple moving average is $0.9502. If we look at the stock’s price movements over the week, volatility stands at 15.06%, which increases to 15.52% 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 44.44 to suggest the stock is neutral.
The consensus objective for the share price is $2.75, suggesting that the stock has a potential upside of 66.18% over the period.
The current price level is -1.07%, -22.20%, and -2.65% away from its SMA20, SMA50, and SMA200 respectively, with the BSGM price moving above the 50-day SMA on current market day. Biosig Technologies Inc (BSGM) stock is up 1.65% over the week and -18.86% over the past month. Its price is -37.92% year-to-date and 77.00% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.17 and -0.88 for whole year.
To reach the target analysts have set, the stock logically needs to grow 66.18 percent from here.
Outstanding shares total 16.62M with insiders holding 22.30% of the shares and institutional holders owning 31.64% of the company’s common stock. The company has a return on equity of -8041.70%. The beta has a value of 0.41. Price to sales ratio is 398.50.
