Biosig Technologies Inc (BSGM) stock expected to loss -71.72% in the coming months

At the time of writing, Biosig Technologies Inc [BSGM] stock is trading at $1.45, up 5.84%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BSGM shares have gain 39.42% over the last week, with a monthly amount glided 187.13%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

For the past year, the stock price of Biosig Technologies Inc fluctuated 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 $1.45 at the most recent close of the market. An investor can expect a potential drop of -71.72% based on the average BSGM price forecast.

Analyzing the BSGM fundamentals

According to Biosig Technologies Inc [NASDAQ:BSGM], the company’s sales were 0.04M for trailing twelve months, which represents an 8.33% jump. 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 1.2300 points at the first support level, and at 1.0100 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5900, and for the 2nd resistance point, it is at 1.7300.

Ratios To Look Out For

It is important to note that Biosig Technologies Inc [NASDAQ:BSGM] has a current ratio of 0.15. As well, the Quick Ratio is 0.15, while the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 879.25.

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