LogicMark Inc (NASDAQ:LGMK) currently has a daily average trading volume of 1.49M but it saw 2883384 shares traded in last market. With a market cap of 1.11M USD, the company’s current market price of $0.18 came falling about -12.66 while comparing to the previous closing price of $0.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.88 and as low as $0.13. In the recent trading on the day, stock has struck highest price mark of $0.17 while lowest mark touched by it was $0.1939.
Taking a look at 20-day trading activity of LogicMark Inc (LGMK) gives us an average price of $0.2969, while its current price level is -93.65% below from 52-week high level whereas it is 39.62% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4893 while that of 200 days or SMA-200 reads an average of $0.8979. A closer look into the stock’s movement over the week reveals that its volatility is standing at 33.28% during that period while stretching the period over a month that decreases to 18.58%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 28.54 which implies that the stock is in oversold territory.
Over the week, LGMK’s stock price is moving 26.75% up while it is -66.72% when we observe its performance for the past one month. Year-to-date it is -82.75% down and over the past year, the stock is showing a downside performance of -91.25%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -1.73 beat the consensus estimate of -1.73 for the same. The company is expected to be releasing its next quarterly report in September, for which analysts forecasted an EPS of -0.43 while estimate for next year EPS is -2.15. Moreover, analysts are in estimates of $2.44M for current-quarter revenue.
Currently, LogicMark Inc’s total number of outstanding shares is 6.07M with 10.54% of that held by the insiders while 11.94% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -131.21% and return on equity (ROE) at -79.72%. Stock’s beta reads 1.27. Stock has a price to book (P/B) ratio of 0.04 while price to sale or P/S ratio amounts to 0.11. Its return on asset (ROA) is -72.96% on average.
