LogicMark Inc [LGMK] stock is trading at $1.63, down -0.61%. 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 1.82% over the last week, with a monthly amount drifted -20.53%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
LogicMark Inc [LGMK] stock has fluctuated between $1.41 and $32.25 over the past year. LogicMark Inc [NASDAQ: LGMK] shares were valued at $1.63 at the most recent close of the market.
Analyzing the LGMK fundamentals
LogicMark Inc [NASDAQ:LGMK] reported sales of 10.08M for the trailing twelve months, which represents a growth of 14.29%. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at -0.69%, Pretax Profit Margin comes in at -1.45%, and Net Profit Margin reading is -1.42%. To continue investigating profitability, this company’s Return on Assets is posted at -0.89, Equity is -1.05 and Total Capital is -0.49.
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 1.5507 points at the first support level, and at 1.4713 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7397, and for the 2nd resistance point, it is at 1.8493.
Ratios To Look Out For
For context, LogicMark Inc’s Current Ratio is 3.73. Also, the Quick Ratio is 3.13, while the Cash Ratio stands at 2.97. Considering the valuation of this stock, the price to sales ratio is 0.33, the price to book ratio is 0.06.
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.
