Biosig Technologies Inc (NASDAQ:BSGM) does about 544.83K shares in volume on a normal day but saw 3018890 shares change hands in the recent trading day. The company now has a market cap of 200.07M USD. Its current market price is $7.33, marking an increase of 27.70% compared to the previous close of $5.74. The 52 week high reached by this stock is $7.34 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 $10.00, suggesting that the stock has a potential upside of 26.7% over the period. The median price target is -1687.8% away from the current levels at $0.41.
The current price level is 65.81%, 225.00%, and 469.06% 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 30.89% over the week and 398.64% over the past month. Its price is 391.95% year-to-date and 266.50% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.04 and -0.25 for whole year.
Its 12-month price target is $0.41. To reach the target analysts have set, the stock logically needs to grow 26.7 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 4.30% of the shares and institutional holders owning 8.81% 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 1.69. Price to book ratio is 68.23 and price to sales ratio is 6669.00.
