LogicMark Inc experienced a rather shaky stock market performance.
52-week price history of LGMK Stock
In the Healthcare sector, the company’s shares saw a trading volume of around 76.26 million for the day, which was evidently lower than the average daily volume of 181.4 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
LogicMark Inc (LGMK) has experienced a quarterly decline of -97.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.49M 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 0.5318, with a change in price of -1.5470. Similarly, LogicMark Inc recorded 106,728,984 in trading volume during the last 100 days, posting a change of -99.17%.
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
LogicMark Inc’s raw stochastic average for the past 50 days is presently 2.97%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 20.41%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 23.54% and 24.08%, 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. This year’s metric has recorded a Price decrease of -99.13%. However, over the past six months, we’ve seen a stronger performance of -99.71%. The price of LGMK fallen by 34.02% over the last 30 days. And in the last five days, it has fallen by -10.96%.
