LogicMark Inc (NASDAQ:LGMK) currently has a daily average trading volume of 26.16M but it saw 30095271 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 15.29 while comparing to the previous closing price of $0.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.20 and as low as $0.08. In the recent trading on the day, stock has struck highest price mark of $0.122 while lowest mark touched by it was $0.1635.
Taking a look at 20-day trading activity of LogicMark Inc (LGMK) gives us an average price of $0.1169, while its current price level is -92.66% below from 52-week high level whereas it is 109.61% 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 $0.1302 while that of 200 days or SMA-200 reads an average of $0.5801. A closer look into the stock’s movement over the week reveals that its volatility is standing at 33.94% during that period while stretching the period over a month that decreases to 24.38%. 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 59.06 which implies that the stock is in neutral territory.
Over the week, LGMK’s stock price is moving 37.95% up while it is 88.99% when we observe its performance for the past one month. Year-to-date it is -84.77% down and over the past year, the stock is showing a downside performance of -90.39%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -1.41 beat the consensus estimate of -1.73 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of -0.36 while estimate for next year EPS is nan. In next quarter, company is expected to be making quarterly sales of $9.62M as analysts are expecting the sales for current fiscal year at $nan and seeing the company making $nan in sales next year. Moreover, analysts are in estimates of $2.23M for current-quarter revenue.
Currently, LogicMark Inc’s total number of outstanding shares is 2.15M. Company’s return on investment (ROI) stands at -131.84% and return on equity (ROE) at -77.34%. Stock’s beta reads 1.31. Stock has a price to book (P/B) ratio of 0.16 while price to sale or P/S ratio amounts to 0.10. Its return on asset (ROA) is -69.46% on average.
