Biosig Technologies Inc (BSGM) volume exceeds 0.66 million: A new investment opportunity for investors

Biosig Technologies Inc (NASDAQ: BSGM) kicked off on Tuesday, down -11.21% from the previous trading day, before settling in for the closing price of $2.23. Over the past 52 weeks, BSGM has traded in a range of $0.20-$5.00.

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Over the past five-year period, the drop rate of yearbook sales for the company of the Healthcare sector was -25.77%. While this was happening, its average annual earnings per share was recorded 74.68%. With a float of $11.71 million, this company’s outstanding shares have now reached $16.28 million.

Considering the fact that the conglomerate employs 4 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -680.0%, operating margin of -46735.0%, and the pretax margin is -43760.0%.

Biosig Technologies Inc (BSGM) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Medical Devices Industry. The insider ownership of Biosig Technologies Inc is 28.08%, while institutional ownership is 0.01%.

Biosig Technologies Inc (BSGM) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.6 earnings per share (EPS), higher than consensus estimate (set at -1) by 0.4. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.2 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 74.68% per share during the next fiscal year.

Biosig Technologies Inc (NASDAQ: BSGM) Trading Performance Indicators

Take a look at Biosig Technologies Inc’s (BSGM) current performance indicators. Last quarter, stock had a quick ratio of 0.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 847.94.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.94, a number that is poised to hit -0.36 in the next quarter and is forecasted to reach -0.76 in one year’s time.

Technical Analysis of Biosig Technologies Inc (BSGM)

Compared to the last year’s volume of 0.46 million, its volume of 0.38 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 89.55%. Additionally, its Average True Range was 0.22.

During the past 100 days, Biosig Technologies Inc’s (BSGM) raw stochastic average was set at 83.33%, which indicates a significant increase from 78.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 181.28% in the past 14 days, which was higher than the 164.04% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.67, while its 200-day Moving Average is $0.82. Nevertheless, the first resistance level for the watch stands at $2.38 in the near term. At $2.77, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.22. If the price goes on to break the first support level at $1.54, it is likely to go to the next support level at $1.09. Now, if the price goes above the second support level, the third support stands at $0.70.

Biosig Technologies Inc (NASDAQ: BSGM) Key Stats

The company with the Market Capitalisation of 33.92 million has total of 16,342K Shares Outstanding. Its annual sales at the moment are 20 K in contrast with the sum of -29,040 K annual income. Company’s last quarter sales were recorded 10 K and last quarter income was -3,920 K.