LogicMark Inc ‘s stock market performance has been somewhat erratic.
52-week price history of LGMK Stock
In the Healthcare sector, the LogicMark Inc’s shares surpassed a trading volume of approximately 252.75 million for the day, which was noticeably higher compared to the average daily volume of 9.29.17 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
LogicMark Inc (LGMK) has experienced a quarterly decline of -99.29% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 0.60M and boasts a workforce of 35 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9847, with a change in price of -4.0251. Similarly, LogicMark Inc recorded 20,886,893 in trading volume during the last 100 days, posting a change of -99.75%.
Examining LGMK’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for LGMK stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
LGMK Stock Stochastic Average
Today’s raw stochastic average for LogicMark Inc over the last 50 days is 0.25%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 1.61%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 1.79% and 1.40%, respectively.
LGMK Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -99.34% this year. Over the last six months, there has been a stronger performance of -99.61%. The price of LGMK leaped by -94.20% during the last 30 days period. For the last 5-days stocks have slided -33.56%.
