LogicMark Inc (NASDAQ: LGMK) on Monday, plunged -10.07% from the previous trading day, before settling in for the closing price of $0.01. Within the past 52 weeks, LGMK’s price has moved between $0.01 and $25.00.
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Healthcare Sector giant saw their annual sales slid by -8.74% over the last five years. The company achieved an average annual earnings per share of 81.39%. With a float of $54.49 million, this company’s outstanding shares have now reached $60.59 million.
The firm has a total of 35 workers. Let’s measure their productivity. In terms of profitability, gross margin is 59.98%, operating margin of -76.62%, and the pretax margin is -90.83%.
LogicMark Inc (LGMK) Breakdown of a Key Holders of the stock
Observing investor behavior towards Health Information Services industry stocks is more important than anything else. The insider ownership of LogicMark Inc is 10.06%, while institutional ownership is 1.29%. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 81.39% per share during the next fiscal year.
LogicMark Inc (NASDAQ: LGMK) Trading Performance Indicators
LogicMark Inc (LGMK) is currently performing well based on its current performance indicators. A quick ratio of 2.01 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -51.84, a number that is poised to hit -29.50 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 161.97 million was better than the volume posted last year of 19.71 million. As of the previous 9 days, the stock’s Stochastic %D was 0.47%. Additionally, its Average True Range was 0.03.
During the past 100 days, LogicMark Inc’s (LGMK) raw stochastic average was set at 0.00%, which indicates a significant decrease from 0.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 307.56% in the past 14 days, which was higher than the 227.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.3945, while its 200-day Moving Average is $4.0790. Now, the first resistance to watch is $0.0145. This is followed by the second major resistance level at $0.0156. The third major resistance level sits at $0.0162. If the price goes on to break the first support level at $0.0128, it is likely to go to the next support level at $0.0122. Now, if the price goes above the second support level, the third support stands at $0.0111.
LogicMark Inc (NASDAQ: LGMK) Key Stats
Market capitalization of the company is 0.81 million based on 60,588K outstanding shares. Right now, sales total 9,930 K and income totals -14,550 K. The company made 2,710 K in profit during its latest quarter, and -1,520 K in sales during its previous quarter.
