Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
LogicMark Inc (NASDAQ: LGMK) closed the day trading at $0.18 up 3.69% from the previous closing price of $0.17. In other words, the price has increased by $3.69 from its previous closing price. On the day, 2.26 million shares were traded. LGMK stock price reached its highest trading level at $0.1814 during the session, while it also had its lowest trading level at $0.164.
Ratios:
For a better understanding of LGMK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.13 and its Current Ratio is at 3.73. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 15 ’24 when Winvest Investment Fund Manage bought 2,104,107 shares for $0.08 per share. The transaction valued at 178,639 led to the insider holds 3,050,187 shares of the business.
Winvest Investment Fund Manage bought 1,024,400 shares of LGMK for $93,016 on Oct 16 ’24. The 10% Owner now owns 4,074,587 shares after completing the transaction at $0.09 per share. On Oct 09 ’24, another insider, Winvest Investment Fund Manage, who serves as the 10% Owner of the company, bought 336,100 shares for $0.10 each. As a result, the insider paid 35,190 and bolstered with 945,700 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LGMK now has a Market Capitalization of 4605221 and an Enterprise Value of -3062126. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at -0.304 whereas that against EBITDA is 0.496.
Stock Price History:
The Beta on a monthly basis for LGMK is 1.49, which has changed by -0.99344444 over the last 52 weeks, in comparison to a change of 0.09506309 over the same period for the S&P500. Over the past 52 weeks, LGMK has reached a high of $30.00, while it has fallen to a 52-week low of $0.16. The 50-Day Moving Average of the stock is -78.79%, while the 200-Day Moving Average is calculated to be -96.80%.
Shares Statistics:
Over the past 3-months, LGMK traded about 2.04M shares per day on average, while over the past 10 days, LGMK traded about 3676530 shares per day. A total of 6.58M shares are outstanding, with a floating share count of 5.92M. Insiders hold about 10.06% of the company’s shares, while institutions hold 11.90% stake in the company. Shares short for LGMK as of 1740700800 were 162827 with a Short Ratio of 0.08, compared to 1738281600 on 40958. Therefore, it implies a Short% of Shares Outstanding of 162827 and a Short% of Float of 3.26.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
