BioSig Technologies (BSGM) Lowered to “Hold” at Zacks Investment Research

Zacks Investment Research cut shares of BioSig Technologies (OTCMKTS:BSGM) from a buy rating to a hold rating in a report released on Tuesday morning.

According to Zacks, “BioSig Technologies, Inc. is a medical device company which is engaged in developing technology platform to improve cardiac recording during electrophysiology studies and ablation procedures. “

Separately, Chardan Capital reissued a buy rating on shares of BioSig Technologies in a research report on Sunday, October 1st.

Shares of BioSig Technologies (OTCMKTS BSGM) traded down $0.06 during trading on Tuesday, reaching $1.42. 19,364 shares of the company’s stock were exchanged, compared to its average volume of 32,679. The stock has a market cap of $41.31, a P/E ratio of -3.64 and a beta of 0.69. BioSig Technologies has a fifty-two week low of $1.20 and a fifty-two week high of $2.00.

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About BioSig Technologies

BioSig Technologies, Inc is a development-stage medical device company. The Company is developing a technology platform to manage noise and artifacts from cardiac recordings during electrophysiology studies and ablation. It is engaged in developing the Precise Uninterrupted Real-time evaluation of Electrograms (PURE) electro-pneumatic (EP) System.

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