LogicMark Inc [LGMK] stock prices are up 19.10% to $0.10 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LGMK shares have gain 28.73% over the last week, with a monthly amount drifted -34.49%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
The stock price of LogicMark Inc [LGMK] has been fluctuating between $0.08 and $2.20 over the past year. LogicMark Inc [NASDAQ: LGMK] shares were valued at $0.10 at the most recent close of the market.
Analyzing the LGMK fundamentals
The LogicMark Inc [NASDAQ:LGMK] reported sales of 9.74M for trailing twelve months, representing a surge of 0.40%. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at -0.72%, Pretax Profit Margin comes in at -1.49%, and Net Profit Margin reading is -1.46%. To continue investigating profitability, this company’s Return on Assets is posted at -1.06, Equity is -0.9 and Total Capital is -0.6. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.0877 points at the first support level, and at 0.0718 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.1347, and for the 2nd resistance point, it is at 0.1658.
Ratios To Look Out For
It’s worth pointing out that LogicMark Inc [NASDAQ:LGMK]’s Current Ratio is 2.78. As well, the Quick Ratio is 2.36, while the Cash Ratio is 1.86. Considering the valuation of this stock, the price to sales ratio is 0.06, the price to book ratio is 0.02.
Transactions by insiders
Recent insider trading involved Winvest Investment Fund Manage, 10% Owner, that happened on Oct 15 ’24 when 2.1 million shares were purchased. 10% Owner, Winvest Investment Fund Manage completed a deal on Oct 16 ’24 to buy 1.02 million shares. Meanwhile, 10% Owner Winvest Investment Fund Manage bought 0.34 million shares on Oct 09 ’24.
