The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price decrease of -99.23%. However, over the past six months, we’ve seen a stronger performance of -99.39%. The price of LGMK leaped by -33.91% over the last 30 days. And in the last five days, it has fallen by -2.54%.
In terms of market performance, LogicMark Inc had a somewhat inconsistent run in.
52-week price history of LGMK Stock
The shares of the Healthcare sector company recorded a trading volume of approximately 87.65 million for the day, which was comparatively lower than the average daily volume of 189.1 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
LogicMark Inc (LGMK) has experienced a quarterly decline of -93.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.63M 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 0.3861, with a change in price of -1.6785. Similarly, LogicMark Inc recorded 113,402,477 in trading volume during the last 100 days, posting a change of -99.32%.
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
LogicMark Inc’s raw stochastic average for the past 50 days is currently at 2.76%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 12.71%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 13.25% and 11.56%, respectively.
