Stock Performance Spotlight: LogicMark Inc (LGMK) Ends the Day at 0.10, Down by -37.86

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As of close of business last night, LogicMark Inc’s stock clocked out at $0.10, down -37.86% from its previous closing price of $0.16. In other words, the price has decreased by -$37.86 from its previous closing price. On the day, 30.17 million shares were traded. LGMK stock price reached its highest trading level at $0.1442 during the session, while it also had its lowest trading level at $0.0717.

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 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1189909 and an Enterprise Value of 232935. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 0.10. Its current Enterprise Value per Revenue stands at 0.024 whereas that against EBITDA is -0.037.

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 $0.08. The 50-Day Moving Average of the stock is -22.18%, while the 200-Day Moving Average is calculated to be -82.57%.

Shares Statistics:

It appears that LGMK traded 26.58M shares on average per day over the past three months and 74401960 shares per day over the past ten days. A total of 2.15M shares are outstanding, with a floating share count of 1.61M. Insiders hold about 73.45% of the company’s shares, while institutions hold 10.86% stake in the company. Shares short for LGMK as of 1730332800 were 3808594 with a Short Ratio of 0.14, compared to 1727654400 on 1238195. Therefore, it implies a Short% of Shares Outstanding of 3808594 and a Short% of Float of 33.269999999999996.

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