Investors Are Waking Up To LogicMark Inc (NASDAQ: LGMK) After Losing -92.21% Over The Past 12 Months

LogicMark Inc (NASDAQ:LGMK) currently has a daily average trading volume of 4.71M but it saw 895165 shares traded in last market. With a market cap of 0.98M USD, the company’s current market price of $0.16 came rising about 2.27 while comparing to the previous closing price of $0.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.20 and as low as $0.13. In the recent trading on the day, stock has struck highest price mark of $0.1553 while lowest mark touched by it was $0.165.

Taking a look at 20-day trading activity of LogicMark Inc (LGMK) gives us an average price of $0.1756, while its current price level is -92.64% below from 52-week high level whereas it is 23.66% 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 $0.3086 while that of 200 days or SMA-200 reads an average of $0.7702. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.09% during that period while stretching the period over a month that increases to 17.23%. 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 35.52 which implies that the stock is in neutral territory.

Over the week, LGMK’s stock price is moving -5.48% down while it is -28.00% when we observe its performance for the past one month. Year-to-date it is -84.72% down and over the past year, the stock is showing a downside performance of -92.21%.

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 1.23. Stock has a price to book (P/B) ratio of 0.04 while price to sale or P/S ratio amounts to 0.10. Its return on asset (ROA) is -72.96% on average.