LogicMark Inc. (LGMK)’s stock is trading at $0.22 at the moment marking a fall of -41.05% from the last session close. As of this writing, shares are priced at -93.25% less than their 52-week high of $3.19, and -36.68% over their 52-week low of $0.34. Based on the past 30-day period, the stock price is -58.55% below the high and +2.91% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, LGMK’s SMA-200 is $1.0316.
Further, it is important to consider LGMK stock ratios, particularly its price-to-sales ratio over the past twelve months, which stands at 0.29.LGMK’s price to book ratio for the most recent quarter was 0.16, resulting in an 0.38 price to cash per share for the period.
How does LogicMark Inc. (LGMK) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1.
LogicMark Inc. (LGMK): Earnings History
If we examine LogicMark Inc.’s recent earnings history, in the last quarter ended on 12/30/2019, it posted adjusted earnings per share of $0.2, slashing the consensus of $0. In the 3 months period before the previous quarter which was closed on 12/30/2019, the stock recorded adjusted earnings per share of $0.2 in contrast with the Outlook of $0.
LogicMark Inc. (NASDAQ: LGMK) Ownership Details
I will give a breakdown of the key shareholders in LogicMark Inc. (LGMK). Recent figures show that the company’s insiders hold 7.56% of shares. A total of 20 institutional investors hold shares in the company, making 7.68% of its stock and 8.31% of its float.
Sep 29, 2022, it was reported that the Company’s largest institutional holder is Vanguard Group, Inc. (The) holding total of 0.28 million shares that make 2.87% of the company’s total number of shares and are currently priced at 59205.0.
The securities firm Group One Trading, L.P. holds 0.13 million shares of LGMK, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 1.40%, and the holding percentage of shares is valued at 28903.0.
An overview of LogicMark Inc.’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests LogicMark Inc. (LGMK) traded 631,631 shares per day, with a moving average of $0.3990 and price change of -0.18. With the moving average of $0.5303 and a price change of -0.50, about 271,048 shares changed hands on average over the past 50 days. Finally, LGMK’s 100-day average volume is 152,473 shares, alongside a moving average of $0.7181 and a price change of -0.96.