Biosig Technologies Inc (BSGM) Shares See 77.14% Rise Over Last Week

At the time of writing, Biosig Technologies Inc [BSGM] stock is trading at $1.24, up 91.56%. An important factor to consider is whether the stock is rising or falling in short-term value. The BSGM shares have gain 77.14% over the last week, with a monthly amount glided 109.81%, and seem to be holding up well over a long-time horizon.

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On 4, April 2024, BioSig Engages Consulting Firm for Business Model Strategies. In a post published today on Yahoo Finance, BAIPC will work to deploy a series of solutions to transform BioSig’s future course.

From an analyst’s perspective:

Biosig Technologies Inc [NASDAQ: BSGM] stock has seen the most recent analyst activity on March 30, 2020, when ROTH Capital initiated its Buy rating and assigned the stock a price target of $9.

For the past year, the stock price of Biosig Technologies Inc fluctuated between $0.26 and $16.50. Biosig Technologies Inc [NASDAQ: BSGM] shares were valued at $1.24 at the most recent close of the market.

Analyzing the BSGM fundamentals

According to Biosig Technologies Inc [NASDAQ:BSGM], the company’s sales were 0.14M for trailing twelve months, which represents an -99.26% plunge. Gross Profit Margin for this corporation currently stands at -2.11% with Operating Profit Margin at -208.11%, Pretax Profit Margin comes in at -209.63%, and Net Profit Margin reading is -212.76%. To continue investigating profitability, this company’s Return on Assets is posted at -9.51, Equity is -67.0 and Total Capital is 38.76. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.5.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.6911 points at the first support level, and at 0.1423 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7444, and for the 2nd resistance point, it is at 2.2489.

Biosig Technologies Inc [BSGM] reported earnings per share of -$0.6 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$1/share, meaning a difference of $0.4 and a surprise factor of 40.00%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$1.6 per share as compared to estimates of -$0.97 per share, a difference of -$0.63 representing a surprise of -64.90%.

Ratios To Look Out For

It is important to note that Biosig Technologies Inc [NASDAQ:BSGM] has a current ratio of 0.27. On the other hand, the Quick Ratio is 0.21, and the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 82.64.

Transactions by insiders

Recent insider trading involved LONDONER KENNETH L, Chief Executive Officer, that happened on Jun 13 ’23 when 15600.0 shares were purchased. Chief Executive Officer, LONDONER KENNETH L completed a deal on Jun 12 ’23 to buy 6000.0 shares. Meanwhile, Chief Executive Officer LONDONER KENNETH L bought 4600.0 shares on Jun 02 ’23.

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