LogicMark Inc (NASDAQ: LGMK) is -98.81% lower on its value in year-to-date trading and has touched a low of N/A and a high of N/A in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LGMK stock was last observed hovering at around $0.02 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.02, the stock is 43.66% and -79.82% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 176.9 million and changing 2.29% at the moment leaves the stock -99.32% off its SMA200. LGMK registered -99.91% loss for a year compared to 6-month loss of -99.46%.
The stock witnessed a 13.29% gain in the last 1 month and extending the period to 3 months gives it a -98.43%, and is 38.76% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 43.66% over the week and 29.37% over the month.
LogicMark Inc (LGMK) has around 35 employees, a market worth around $1.08M and $9.90M in sales. Profit margin for the company is -93.96%. The company has generated returns on investments over the last 12 months (-76.31%).
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LogicMark Inc (LGMK) Top Institutional Holders
The shares outstanding are 60.59M, and float is at 54.49M with Short Float at 3.28%.
LogicMark Inc (LGMK) Insider Activity
The most recent transaction is an insider purchase by Winvest Investment Fund Manage, the company’s 10% Owner. SEC filings show that Winvest Investment Fund Manage bought 2,104,107 shares of the company’s common stock on Oct 15 ’24 at a price of $0.08 per share for a total of $0.18 million. Following the purchase, the insider now owns 3.05 million shares.
LogicMark Inc disclosed in a document filed with the SEC on Oct 16 ’24 that Winvest Investment Fund Manage (10% Owner) bought a total of 1,024,400 shares of the company’s common stock. The trade occurred on Oct 16 ’24 and was made at $0.09 per share for $93016.0. Following the transaction, the insider now directly holds 4.07 million shares of the LGMK stock.
Still, SEC filings show that on Oct 09 ’24, Winvest Investment Fund Manage (10% Owner) acquired 336,100 shares at an average price of $0.10 for $35190.0. The insider now directly holds 945,700 shares of LogicMark Inc (LGMK).
