LogicMark Inc (NASDAQ: LGMK) kicked off on Monday, up 8.48% from the previous trading day, before settling in for the closing price of $0.12. Over the past 52 weeks, LGMK has traded in a range of $0.08-$2.20.
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Healthcare Sector giant saw their annual sales slid by -8.66% over the last five years. While this was happening, its average annual earnings per share was recorded 81.56%. With a float of $1.61 million, this company’s outstanding shares have now reached $2.15 million.
The firm has a total of 26 workers. Let’s measure their productivity. In terms of profitability, gross margin is 46.7%, operating margin of -72.48%, and the pretax margin is -149.3%.
LogicMark Inc (LGMK) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Health Information Services Industry. The insider ownership of LogicMark Inc is 73.45%, while institutional ownership is 7.48%. The most recent insider transaction that took place on Oct 15 ’24, was worth 178,639. In this transaction 10% Owner of this company bought 2,104,107 shares at a rate of $0.08, taking the stock ownership to the 3,050,187 shares. Before that another transaction happened on Oct 16 ’24, when Company’s 10% Owner bought 1,024,400 for $0.09, making the entire transaction worth $93,016. This insider now owns 4,074,587 shares in total.
LogicMark Inc (LGMK) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.36 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 81.56% per share during the next fiscal year.
LogicMark Inc (NASDAQ: LGMK) Trading Performance Indicators
Take a look at LogicMark Inc’s (LGMK) current performance indicators. Last quarter, stock had a quick ratio of 2.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -9.84, a number that is poised to hit -0.43 in the next quarter
Technical Analysis of LogicMark Inc (LGMK)
Analysing the last 5-days average volume posted by the [LogicMark Inc, LGMK], we can find that recorded value of 17.94 million was better than the volume posted last year of 5.4 million. As of the previous 9 days, the stock’s Stochastic %D was 61.48%. Additionally, its Average True Range was 0.02.
During the past 100 days, LogicMark Inc’s (LGMK) raw stochastic average was set at 6.34%, which indicates a significant decrease from 63.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 166.24% in the past 14 days, which was lower than the 166.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.1323, while its 200-day Moving Average is $0.5932. Now, the first resistance to watch is $0.1402. This is followed by the second major resistance level at $0.1474. The third major resistance level sits at $0.1558. If the price goes on to break the first support level at $0.1246, it is likely to go to the next support level at $0.1162. Should the price break the second support level, the third support level stands at $0.1090.
LogicMark Inc (NASDAQ: LGMK) Key Stats
The company with the Market Capitalisation of 0.84 million has total of 6,065K Shares Outstanding. Its annual sales at the moment are 9,930 K in contrast with the sum of -14,550 K annual income. Company’s last quarter sales were recorded 2,340 K and last quarter income was -2,040 K.
