Biosig Technologies Inc (NASDAQ: BSGM)’s stock price has dropped by -22.54 in relation to previous closing price of 1.42. Nevertheless, the company has seen a loss of -27.63% in its stock price over the last five trading days. globenewswire.com reported 2024-11-13 that Los Angeles, CA, Nov. 13, 2024 (GLOBE NEWSWIRE) — BioSig Technologies, Inc. (NASDAQ: BSGM) (“BioSig” or “Company”), a medical technology company delivering unprecedented accuracy and precision to intra-cardiac signal visualization, today announced that it has received notice from the Nasdaq Listing Qualifications staff (“Nasdaq”) informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the “Rule”).
Is It Worth Investing in Biosig Technologies Inc (NASDAQ: BSGM) Right Now?
Moreover, the 36-month beta value for BSGM is 0.57. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for BSGM is 12.40M and currently, short sellers hold a 0.55% of that float. On December 10, 2024, BSGM’s average trading volume was 260.91K shares.
BSGM’s Market Performance
The stock of Biosig Technologies Inc (BSGM) has seen a -27.63% decrease in the past week, with a -37.50% drop in the past month, and a 145.59% gain in the past quarter. The volatility ratio for the week is 26.81%, and the volatility levels for the past 30 days are at 20.51% for BSGM. The simple moving average for the last 20 days is -37.44% for BSGM’s stock, with a simple moving average of 22.59% for the last 200 days.
BSGM Trading at -4.53% from the 50-Day Moving Average
After a stumble in the market that brought BSGM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -78.00% of loss for the given period.
Volatility was left at 20.51%, however, over the last 30 days, the volatility rate increased by 26.81%, as shares sank -44.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +223.53% upper at present.
During the last 5 trading sessions, BSGM fell by -27.63%, which changed the moving average for the period of 200-days by +234.04% in comparison to the 20-day moving average, which settled at $1.7582. In addition, Biosig Technologies Inc saw -76.84% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BSGM
Current profitability levels for the company are sitting at:
- -451.1 for the present operating margin
- -4.64 for the gross margin
The net margin for Biosig Technologies Inc stands at -391.87. The total capital return value is set at 62.17. Equity return is now at value -8041.70, with -668.42 for asset returns.
Currently, EBITDA for the company is -28.15 million with net debt to EBITDA at 0.03. When we switch over and look at the enterprise to sales, we see a ratio of 474.06. The receivables turnover for the company is 0.48for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.50.
Conclusion
To wrap up, the performance of Biosig Technologies Inc (BSGM) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
