LogicMark Inc’s stock has seen a rocky market performance.
52-week price history of LGMK Stock
Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 141.96 million for the day, which was evidently lower than the 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 -98.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 0.94M 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 0.6653, with a change in price of -1.9445. Similarly, LogicMark Inc recorded 91,317,414 in trading volume during the last 100 days, posting a change of -99.21%.
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
The raw stochastic average for LogicMark Inc over the last 50 days is presently at 3.24%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 33.33%. Further, the company’s Stochastic %K and %D values for the last 20 days were 39.08% and 43.83%, 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. This year’s metric has recorded a Price decrease of -98.97%. However, over the past six months, we’ve seen a stronger performance of -99.42%. The price of LGMK fallen by 4.03% over the last 30 days. And in the last five days, it has fallen by -4.91%.
