Witnessing the stock’s movement on the chart, on Thursday, LogicMark Inc (NASDAQ: LGMK) set off with pace as it heaved 15.29% to $0.16, before settling in for the price of $0.14 at the close. Taking a more long-term approach, LGMK posted a 52-week range of $0.08-$2.20.
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It was noted that the giant of the Healthcare sector posted annual sales growth of -8.66% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 27.58%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 81.56%. This publicly-traded company’s shares outstanding now amounts to $2.15 million, simultaneously with a float of $1.61 million. The organization now has a market capitalization sitting at $0.98 million. At the time of writing, stock’s 50-day Moving Average stood at $0.1302, while the 200-day Moving Average is $0.5801.
LogicMark Inc (LGMK) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Health Information Services industry. LogicMark Inc’s current insider ownership accounts for 73.45%, in contrast to 7.86% institutional ownership. According to the most recent insider trade that took place on Oct 15 ’24, this organization’s 10% Owner bought 2,104,107 shares at the rate of 0.08, making the entire transaction reach 178,639 in total value, affecting insider ownership by 3,050,187. Preceding that transaction, on Oct 16 ’24, Company’s 10% Owner bought 1,024,400 for 0.09, making the whole transaction’s value amount to 93,016. This particular insider is now the holder of 4,074,587 in total.
LogicMark Inc (LGMK) Earnings and Revenue Records
LogicMark Inc’s EPS increase for this current 12-month fiscal period is 81.56%.
LogicMark Inc (NASDAQ: LGMK) Trading Performance Indicators
Let’s observe the current performance indicators for LogicMark Inc (LGMK). It’s Quick Ratio in the last reported quarter now stands at 3.29. The Stock has managed to achieve an average true range (ATR) of 0.03. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.10.
In the same vein, LGMK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -8.94, a figure that is expected to reach -0.36 in the next quarter.
Technical Analysis of LogicMark Inc (LGMK)
Going through the that latest performance of [LogicMark Inc, LGMK]. Its last 5-days volume of 127.91 million indicated improvement to the volume of 8.12 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 36.49% While, its Average True Range was 0.0391.
Raw Stochastic average of LogicMark Inc (LGMK) in the period of the previous 100 days is set at 9.56%, which indicates a major fall in contrast to 37.25% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 225.50% that was higher than 179.23% volatility it exhibited in the past 100-days period.
