Recent Performance of Biosig Technologies Inc (BSGM) Stock: A Closer Look

A share price of Biosig Technologies Inc [BSGM] is currently trading at $1.04, up 13.04%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BSGM shares have gain 94.57% over the last week, with a monthly amount glided 68.28%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Biosig Technologies Inc experienced fluctuations in its stock price throughout the past year between $0.20 and $2.57. 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 $1.04 at the most recent close of the market. An investor can expect a potential drop of -60.58% based on the average BSGM price forecast.

Analyzing the BSGM fundamentals

Trailing Twelve Months sales for Biosig Technologies Inc [NASDAQ:BSGM] were 0.04M which represents 8.33% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -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 0.9267 points at the first support level, and at 0.8133 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.1467, and for the 2nd resistance point, it is at 1.2533.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Biosig Technologies Inc [NASDAQ:BSGM] is 0.15. Further, the Quick Ratio stands at 0.15, while the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 630.50.

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