Biosig Technologies Inc (NASDAQ:BSGM) does about 468.78K shares in volume on a normal day but saw 1968585 shares change hands in the recent trading day. The company now has a market cap of 174.96M USD. Its current market price is $6.41, marking an increase of 21.40% compared to the previous close of $5.28. The 52 week high reached by this stock is $5.59 whilst the lowest price level in 52 weeks is $0.20. The script in recent trading has seen the stock touch a high of $0.41 and a low of $0.41.
The consensus objective for the share price is $2.50, suggesting that the stock has a potential downside of -156.4% over the period. The median price target is -1463.41% away from the current levels at $0.41.
The current price level is 154.64%, 365.62%, and 502.69% 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 125.31% over the week and 596.74% over the past month. Its price is 330.20% year-to-date and 298.14% over the past year.
Its 12-month price target is $0.41. To reach the target analysts have set, the stock logically needs to shrink -156.4 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $0.41, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $0.41.
Outstanding shares total 24.25M with insiders holding 17.56% of the shares and institutional holders owning 44.16% of the company’s common stock. The company has a return on investment of -361.25% and return on equity of -8041.70%. The beta has a value of 2.04. Price to book ratio is 59.67 and price to sales ratio is 5832.00.
