LogicMark Inc (NASDAQ:LGMK) currently has a daily average trading volume of 1.17M but it saw 9388646 shares traded in last market. With a market cap of 1.00M USD, the company’s current market price of $0.20 came falling about -19.60 while comparing to the previous closing price of $0.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $32.25 and as low as $0.23.
Taking a look at 20-day trading activity of LogicMark Inc (LGMK) gives us an average price of $0.6895, while its current price level is -99.38% below from 52-week high level whereas it is -14.41% 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 $1.1834 while that of 200 days or SMA-200 reads an average of $6.7155. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.29% during that period while stretching the period over a month that increases to 13.69%. 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 10.44 which implies that the stock is in oversold territory.
Over the week, LGMK’s stock price is moving -26.84% down while it is -84.08% when we observe its performance for the past one month. Year-to-date it is -86.73% down and over the past year, the stock is showing a downside performance of -99.17%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. Moreover, analysts are in estimates of $2.23M for current-quarter revenue.
Currently, LogicMark Inc’s total number of outstanding shares is 5.01M with 13.43% of that held by the insiders while 5.87% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -109.71% and return on equity (ROE) at -77.34%. Stock’s beta reads 1.35. Stock has a price to book (P/B) ratio of 0.01 while price to sale or P/S ratio amounts to 0.10. Its return on asset (ROA) is -69.46% on average.
