The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. Until today this year the stock’s price performance recorded a decrease of -99.42%. However, over the last six months, the performance has been stronger by -99.67%. The price of LGMK decreased -90.57% over the last 30 days. And in the last five days, it has fallen by -7.45%.
The stock market performance of LogicMark Inc has been fairly unsteady.
52-week price history of LGMK Stock
The Healthcare sector company’s shares saw a trading volume of about 46.53 million for the day, which was higher than the average daily volume of 46.14 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
LogicMark Inc (LGMK) has experienced a quarterly decline of -99.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 0.53M and boasts a workforce of 35 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.7985, with a change in price of -1.7713. Similarly, LogicMark Inc recorded 29,209,902 in trading volume during the last 100 days, posting a change of -99.51%.
LGMK’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder 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
As of today, the raw stochastic average of LogicMark Inc over the last 50 days is at 0.24%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 4.84%. Further, the company’s Stochastic %K and %D values for the last 20 days were 3.12% and 2.53%, respectively.
