BioSig Technologies (NASDAQ:BSGM) Stock Price Up 4.6%

BioSig Technologies, Inc. (NASDAQ:BSGM)’s share price rose 4.6% during mid-day trading on Friday . The stock traded as high as $0.34 and last traded at $0.34. Approximately 20,813 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 488,961 shares. The stock had previously closed at $0.32.

BioSig Technologies Trading Up 4.6 %

The business’s 50 day simple moving average is $0.43 and its 200 day simple moving average is $0.84.

BioSig Technologies (NASDAQ:BSGM) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.30) EPS for the quarter. The firm had revenue of $0.01 million for the quarter.

Institutional Trading of BioSig Technologies

An institutional investor recently bought a new position in BioSig Technologies stock. Armistice Capital LLC purchased a new stake in BioSig Technologies, Inc. (NASDAQ:BSGM) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 5,600,000 shares of the company’s stock, valued at approximately $2,660,000. Armistice Capital LLC owned about 62.36% of BioSig Technologies as of its most recent filing with the SEC. Institutional investors own 7.16% of the company’s stock.

About BioSig Technologies

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.