The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. LogicMark Inc’s current trading price is -85.86% away from its 52-week high, while its distance from the 52-week low is 36.67%. The stock’s price range for this period has been between $1.50 and $14.50 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 4.2 million for the day, a number notably higher than the average daily volume of 81150.0 over the last three months.
The stock of LogicMark Inc (LGMK) is currently priced at $2.05. In the last session, the stock climbed significantly, topping out at $1.68 after opening at $1.66. The day’s lowest price was $1.62 before the stock closed at $1.67.
In terms of market performance, LogicMark Inc had a fairly uneven. The highest value for the stock in the past year was $14.50 on 11/22/22, and the lowest value was recorded at $1.50 on 10/11/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
LogicMark Inc (LGMK) has experienced a quarterly rise of 5.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.91M and boasts a workforce of 25 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.1577, with a change in price of -0.8580. Similarly, LogicMark Inc recorded 104,323 in trading volume during the last 100 days, posting a change of -29.48%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for LGMK stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.
LGMK Stock Stochastic Average
As of today, LogicMark Inc’s raw stochastic average for the last 50 days stands at 80.00%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 83.39%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 43.91% and 31.00%, respectively.
LGMK Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -77.02% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -34.29%. Over the past 30 days, the price of LGMK has fallen by 10.81%. And in the last five days, it has surged by 24.24%.