BioSig Technologies (BSGM) Issues Earnings Results

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BioSig Technologies (NASDAQ:BSGM) announced its quarterly earnings results on Monday. The company reported ($0.33) EPS for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.03), Fidelity Earnings reports.

Shares of NASDAQ BSGM traded down $0.12 during midday trading on Wednesday, reaching $6.46. The stock had a trading volume of 63 shares, compared to its average volume of 57,829. BioSig Technologies has a twelve month low of $3.50 and a twelve month high of $7.88.

In other news, CEO Kenneth L. Londoner purchased 18,700 shares of the company’s stock in a transaction dated Tuesday, January 22nd. The shares were purchased at an average price of $4.35 per share, for a total transaction of $81,345.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 26.70% of the stock is currently owned by insiders.

A number of analysts have recently issued reports on the stock. Laidlaw set a $11.00 target price on shares of BioSig Technologies and gave the stock a “buy” rating in a research note on Wednesday, February 20th. Zacks Investment Research lowered shares of BioSig Technologies from a “hold” rating to a “sell” rating in a report on Tuesday.

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BioSig Technologies Company Profile

BioSig Technologies, Inc, a development stage medical device company, engages in developing a proprietary biomedical signal processing technology platform to extract information from physiologic signals. Its product is PURE (Precise Uninterrupted Real-time evaluation of Electrograms) EP System, a surface electrocardiogram and intracardiac multichannel recording and analysis system that acquires, processes, and displays electrocardiogram and electrograms required during electrophysiology studies and catheter ablation procedures.

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Earnings History for BioSig Technologies (NASDAQ:BSGM)

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