LogicMark Inc (NASDAQ:LGMK) currently has a daily average trading volume of 2.18M but it saw 3686579 shares traded in last market. With a market cap of 0.99M USD, the company’s current market price of $0.15 came falling about -10.73 while comparing to the previous closing price of $0.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $27.25 and as low as $0.16. In the recent trading on the day, stock has struck highest price mark of $0.1432 while lowest mark touched by it was $0.17.
Taking a look at 20-day trading activity of LogicMark Inc (LGMK) gives us an average price of $0.1930, while its current price level is -99.45% below from 52-week high level whereas it is -6.61% 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 $0.7183 while that of 200 days or SMA-200 reads an average of $5.1314. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.54% during that period while stretching the period over a month that increases to 13.46%. 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 16.42 which implies that the stock is in oversold territory.
Over the week, LGMK’s stock price is moving -12.24% down while it is -44.93% when we observe its performance for the past one month. Year-to-date it is -90.01% down and over the past year, the stock is showing a downside performance of -99.45%.
The company is expected to be releasing its next quarterly report on 2024-Nov-11, 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 6.58M with 10.22% of that held by the insiders while 11.91% 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 1.54. 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.
