LogicMark Inc (LGMK) Stock: A Closer Look

A share price of LogicMark Inc [LGMK] is currently trading at $0.01, up 48.28%. 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 43.33% over the last week, with a monthly amount drifted -74.71%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

LogicMark Inc [NASDAQ: LGMK] shares were valued at $0.01 at the most recent close of the market.

Analyzing the LGMK fundamentals

Trailing Twelve Months sales for LogicMark Inc [NASDAQ:LGMK] were 9.90M which represents -7.28% decline. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at -0.77%, Pretax Profit Margin comes in at -0.91%, and Net Profit Margin reading is -0.91%. To continue investigating profitability, this company’s Return on Assets is posted at -0.63, Equity is -0.7 and Total Capital is -0.62. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.

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 0.0096 points at the first support level, and at 0.0062 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.0155, and for the 2nd resistance point, it is at 0.0180.

Ratios To Look Out For

To put it in perspective, the Current Ratio for LogicMark Inc [NASDAQ:LGMK] is 2.63. As well, the Quick Ratio is 2.01, while the Cash Ratio is 1.88. Considering the valuation of this stock, the price to sales ratio is 0.08, the price to book ratio is 0.00.

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.

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