Biosig Technologies Inc (NASDAQ: BSGM) is -65.89% lower on its value in year-to-date trading and has touched a low of $0.26 and a high of $16.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BSGM stock was last observed hovering at around $1.24 in the last trading session, with the day’s gains setting it 0.38%.
Currently trading at $1.62, the stock is 164.38% and 106.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 21.56 million and changing 30.65% at the moment leaves the stock -64.48% off its SMA200. BSGM registered -84.86% loss for a year compared to 6-month loss of -65.53%. The firm has a 50-day simple moving average (SMA 50) of $106.30 and a 200-day simple moving average (SMA200) of -$0.52.
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The stock witnessed a 161.29% gain in the last 1 month and extending the period to 3 months gives it a -53.31%, and is 139.64% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 86.33% over the week and 34.41% over the month.
Profit margin for the company is -21307.80%. Distance from 52-week low is 518.56% and -90.18% from its 52-week high.
Biosig Technologies Inc quarterly earnings per share for the current quarter are estimated at -$0.5 with sales reaching $100k over the same period., but quarterly earnings will post -60.60% year-over-year.
Biosig Technologies Inc (BSGM) Top Institutional Holders
62 institutions hold shares in Biosig Technologies Inc (BSGM), with institutional investors hold 14.87% of the company’s shares. The shares outstanding are 9.33M, and float is at 7.74M with Short Float at 8.65%. Institutions hold 11.51% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 1.65 million shares valued at $2.07 million. The investor’s holdings represent 8.39% of the BSGM Shares outstanding. As of Jun 29, 2023, the second largest holder is Advisor Resource Council with 0.9 million shares valued at $1.13 million to account for 4.57% of the shares outstanding. The other top investors are Blackrock Inc. which holds 0.59 million shares representing 3.01% and valued at over $0.74 million, while Geode Capital Management, LLC holds 2.87% of the shares totaling 0.57 million with a market value of $0.71 million.
Biosig Technologies Inc (BSGM) Insider Activity
The most recent transaction is an insider purchase by LONDONER KENNETH L,the company’sChief Executive Officer. SEC filings show that LONDONER KENNETH L bought 15,600 shares of the company’s common stock on Jun 13 ’23 at a price of $1.24 per share for a total of $19358.0. Following the purchase, the insider now owns 2.51 million shares.
Biosig Technologies Inc disclosed in a document filed with the SEC on Jun 12 ’23 that LONDONER KENNETH L (Chief Executive Officer) bought a total of 6,000 shares of the company’s common stock. The trade occurred on Jun 12 ’23 and was made at $1.17 per share for $7040.0. Following the transaction, the insider now directly holds 2.49 million shares of the BSGM stock.
Still, SEC filings show that on Jun 02 ’23, LONDONER KENNETH L (Chief Executive Officer) acquired 4,600 shares at an average price of $1.37 for $6292.0. The insider now directly holds 2,485,420 shares of Biosig Technologies Inc (BSGM).
