For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, LogicMark Inc (NASDAQ: LGMK) closed at $0.01 down -2.26% from its previous closing price of $0.01. In other words, the price has decreased by -$2.26 from its previous closing price. On the day, 76.26 million shares were traded.
Ratios:
For a deeper understanding of LogicMark Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 0.76 while its Price-to-Book (P/B) ratio in mrq is 0.10.
Stock Price History:
The 50-Day Moving Average of the stock is -76.25%, while the 200-Day Moving Average is calculated to be -99.35%.
Shares Statistics:
A total of 167.36M shares are outstanding, with a floating share count of 59.93M. Insiders hold about 1.09% of the company’s shares, while institutions hold 24.96% stake in the company.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $2.35M this quarter.It ranges from a high estimate of $2.35M to a low estimate of $2.35M. As of the current estimate, LogicMark Inc’s year-ago sales were $2.34MFor the next quarter, 1 analysts are estimating revenue of $2.72M. There is a high estimate of $2.72M for the next quarter, whereas the lowest estimate is $2.72M.
A total of 1 analysts have provided revenue estimates for LGMK’s current fiscal year. The highest revenue estimate was $9.96M, while the lowest revenue estimate was $9.96M, resulting in an average revenue estimate of $9.96M. In the same quarter a year ago, actual revenue was $9.9M
