During the last session, LogicMark Inc (NASDAQ:LGMK)’s traded shares were 13.41 million, with the beta value of the company hitting 1.23. At the end of the trading day, the stock’s price was $0.09, reflecting an intraday loss of -14.48% or -$0.01. The 52-week high for the LGMK share is $2.20, that puts it down -2344.44 from that peak though still a striking -11.11% loss since the share price plummeted to a 52-week low of $0.10. The company’s market capitalization is $0.53M, and the average intraday trading volume over the past 10 days was 25.73 million shares, and the average trade volume was 8.38 million shares over the past three months.
LogicMark Inc (NASDAQ:LGMK) trade information
LogicMark Inc (LGMK) registered a -14.48% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -14.48% in intraday trading to $0.09, hitting a weekly high. The stock’s 5-day price performance is -35.89%, and it has moved by -49.36% in 30 days. Based on these gigs, the overall price performance for the year is -94.47%. The short interest in LogicMark Inc (NASDAQ:LGMK) is 1.24 million shares and it means that shorts have 0.14 day(s) to cover.
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LogicMark Inc (LGMK) estimates and forecasts
Statistics show that LogicMark Inc has outperformed its competitors in share price, compared to the industry in which it operates. LogicMark Inc (LGMK) shares have gone down -90.05% during the last six months, with a year-to-date growth rate more than the industry average at 81.56% against 14.10. In the rating firms’ projections, revenue will decrease -3.10% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 2.44M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 2.23M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 27.58%. While earnings are projected to return 81.56% in 2024.
LGMK Dividends
LogicMark Inc is due to release its next quarterly earnings in November. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
LogicMark Inc (NASDAQ:LGMK)’s Major holders
LogicMark Inc insiders own 8.00% of total outstanding shares while institutional holders control 11.94%, with the float percentage being 12.98%.
