LogicMark Inc (NASDAQ: LGMK) Emerges As Guiding Light For Investors

LogicMark Inc (NASDAQ:LGMK) currently has a daily average trading volume of 2.74M but it saw 99032682 shares traded in last market. With a market cap of 1.26M USD, the company’s current market price of $0.21 came rising about 2.72 while comparing to the previous closing price of $0.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.54 and as low as $0.13. In the recent trading on the day, stock has struck highest price mark of $0.182 while lowest mark touched by it was $0.305.

Taking a look at 20-day trading activity of LogicMark Inc (LGMK) gives us an average price of $0.1852, while its current price level is -91.81% below from 52-week high level whereas it is 58.70% 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 $0.4008 while that of 200 days or SMA-200 reads an average of $0.8282. A closer look into the stock’s movement over the week reveals that its volatility is standing at 36.16% during that period while stretching the period over a month that decreases to 23.76%. 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 39.74 which implies that the stock is in neutral territory.

Over the week, LGMK’s stock price is moving 24.34% up while it is -21.84% when we observe its performance for the past one month. Year-to-date it is -80.39% down and over the past year, the stock is showing a downside performance of -91.81%.

Currently, LogicMark Inc’s total number of outstanding shares is 6.07M. Company’s return on investment (ROI) stands at -131.21% and return on equity (ROE) at -79.72%. Stock’s beta reads 1.18. Stock has a price to book (P/B) ratio of 0.05 while price to sale or P/S ratio amounts to 0.13. Its return on asset (ROA) is -72.96% on average.