Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $0.01 in the prior trading day, LogicMark Inc (NASDAQ: LGMK) closed at $0.01, down -0.86%. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 29.6 million shares were traded.
Ratios:
Our goal is to gain a better understanding of LGMK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.25 and its Current Ratio is at 7.56. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 0.09.
Stock Price History:
The 50-Day Moving Average of the stock is -66.36%, while the 200-Day Moving Average is calculated to be -99.35%.
Shares Statistics:
A total of 576.30M shares are outstanding, with a floating share count of 570.00M. Insiders hold about 1.09% of the company’s shares, while institutions hold 2.62% stake in the company.
