Market Insights: LogicMark Inc (LGMK)’s Notable Drop of -8.34, Closing at 0.15

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As of close of business last night, LogicMark Inc’s stock clocked out at $0.15, down -8.34% from its previous closing price of $0.17. In other words, the price has decreased by -$8.34 from its previous closing price. On the day, 0.97 million shares were traded. LGMK stock price reached its highest trading level at $0.1745 during the session, while it also had its lowest trading level at $0.1517.

Ratios:

To gain a deeper understanding of LGMK’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.36 and its Current Ratio is at 2.78. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 1837656 and an Enterprise Value of 193510. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.04. Its current Enterprise Value per Revenue stands at 0.02 whereas that against EBITDA is -0.03.

Stock Price History:

Over the past 52 weeks, LGMK has reached a high of $2.20, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is -38.74%, while the 200-Day Moving Average is calculated to be -78.99%.

Shares Statistics:

It appears that LGMK traded 4.80M shares on average per day over the past three months and 1286890 shares per day over the past ten days. A total of 6.07M shares are outstanding, with a floating share count of 5.70M. Insiders hold about 6.00% of the company’s shares, while institutions hold 7.17% stake in the company. Shares short for LGMK as of 1726185600 were 1441211 with a Short Ratio of 0.30, compared to 1723680000 on 564858. Therefore, it implies a Short% of Shares Outstanding of 1441211 and a Short% of Float of 12.590000000000002.

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