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LogicMark Inc (LGMK) Stock: A Comprehensive 52-Week Review

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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 -79.63% away from its 52-week high, while its distance from the 52-week low is 28.46%. The stock’s price range for this period has been between $0.52 and $3.28 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 5.33 million for the day, a number notably higher than the average daily volume of 25860.0 over the last three months.

In terms of market performance, LogicMark Inc had a fairly uneven. The highest value for the stock in the past year was $3.28 on 07/13/23, and the lowest value was recorded at $0.52 on 07/08/24.

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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

LogicMark Inc (LGMK) has experienced a quarterly decline of -32.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.46M and boasts a workforce of 26 employees.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.8650, with a change in price of -0.3320. Similarly, LogicMark Inc recorded 92,707 in trading volume during the last 100 days, posting a change of -33.20%.

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

LogicMark Inc’s raw stochastic average for the past 50 days is presently 33.64%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 33.64%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 17.93% and 13.68%, respectively.

LGMK Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price loss of -36.98% this year. Over the last six months, there has been a stronger performance of -38.15%. The price of LGMK leaped by -9.73% during the last 30 days period. For the last 5-days stocks have improved 5.31%.

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