Biosig Technologies Inc [BSGM] stock prices are up 31.25% to $0.84 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The BSGM shares have gain 44.83% over the last week, with a monthly amount glided 59.09%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
The stock price of Biosig Technologies Inc [BSGM] has been fluctuating between $0.20 and $2.57 over the past year. Currently, Wall Street analysts expect the stock to reach $0.41 within the next 12 months. Biosig Technologies Inc [NASDAQ: BSGM] shares were valued at $0.84 at the most recent close of the market. An investor can expect a potential drop of -51.19% based on the average BSGM price forecast.
Analyzing the BSGM fundamentals
The Biosig Technologies Inc [NASDAQ:BSGM] reported sales of 0.04M for trailing twelve months, representing a surge of 8.33%. Gross Profit Margin for this corporation currently stands at -6.35% with Operating Profit Margin at -315.23%, Pretax Profit Margin comes in at -258.48%, and Net Profit Margin reading is -258.32%. To continue investigating profitability, this company’s Return on Assets is posted at -12.27, Equity is 7.1 and Total Capital is 8.87. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.07.
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 0.6734 points at the first support level, and at 0.5067 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9533, and for the 2nd resistance point, it is at 1.0665.
Ratios To Look Out For
It’s worth pointing out that Biosig Technologies Inc [NASDAQ:BSGM]’s Current Ratio is 0.15. On the other hand, the Quick Ratio is 0.15, and the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 509.25.
