BioSig Technologies (NASDAQ:BSGM) Stock Price Down 2.6% – Here’s What Happened

BioSig Technologies, Inc. (NASDAQ:BSGMGet Free Report)’s stock price was down 2.6% during trading on Tuesday . The stock traded as low as $1.00 and last traded at $1.13. Approximately 192,145 shares were traded during trading, an increase of 43% from the average daily volume of 134,604 shares. The stock had previously closed at $1.16.

Wall Street Analyst Weigh In

Separately, Ascendiant Capital Markets raised their target price on shares of BioSig Technologies from $2.50 to $2.75 and gave the company a “buy” rating in a research note on Thursday, December 5th.

Get Our Latest Analysis on BSGM

BioSig Technologies Stock Performance

The stock has a 50-day moving average price of $1.51 and a two-hundred day moving average price of $0.90.

About BioSig Technologies

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BioSig Technologies, Inc, together with its subsidiaries, a medical device company, engages in development and commercialization of advanced digital signal processing technology platform for the treatment of cardiovascular arrhythmias in the United States. It offers PURE EP system, a signal processing platform that combines hardware and software to address known challenges associated to signal acquisition that enables electrophysiologists to see signals and analyze in real-time, as well as is designed to address long-standing limitations that slow and disrupt cardiac catheter ablation procedures.

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