LogicMark Inc’s stock market performance has been somewhat irregular.
52-week price history of LGMK Stock
The Healthcare sector company’s shares managed to surpass a trading volume of around 176.9 million for the day, which was noticeably higher compared to the shares’ average daily volume of 157.87 million over the last three months.
Financial Performance and Market Capitalization
LogicMark Inc (LGMK) has experienced a quarterly decline of -98.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.08M and boasts a workforce of 35 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.6847, with a change in price of -2.0921. Similarly, LogicMark Inc recorded 89,742,164 in trading volume during the last 100 days, posting a change of -99.15%.
LGMK Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its 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
As of today, the raw stochastic average of LogicMark Inc over the past 50 days is 3.94%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 42.75%. Additionally, the Stochastic %K and %D values for the company were 46.54% and 45.58%, respectively, over the past 20 days.
LGMK Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Year to date metric has recorded a loss of -98.81%.However, over the last six months, we can see a stronger performance of -99.46%. Over the last 30 days, the price of LGMK has fallen by 13.29%. And in the last five days, it has surged by 38.76%.
