At the time of writing, LogicMark Inc [LGMK] stock is trading at $0.13, up 8.48%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LGMK shares have gain 43.01% over the last week, with a monthly amount glided 56.65%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
For the past year, the stock price of LogicMark Inc fluctuated between $0.08 and $2.20. LogicMark Inc [NASDAQ: LGMK] shares were valued at $0.13 at the most recent close of the market.
Analyzing the LGMK fundamentals
According to LogicMark Inc [NASDAQ:LGMK], the company’s sales were 9.74M for trailing twelve months, which represents an 0.40% jump. 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 0.1246 points at the first support level, and at 0.1162 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.1402, and for the 2nd resistance point, it is at 0.1474.
Ratios To Look Out For
It is important to note that LogicMark Inc [NASDAQ:LGMK] has a current ratio of 2.78. Also, the Quick Ratio is 2.36, while the Cash Ratio stands at 1.86. Considering the valuation of this stock, the price to sales ratio is 0.09, the price to book ratio is 0.03.
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.
