What Is The Performance Outlook For LogicMark Inc (NASDAQ: LGMK) In The Coming Months?

In the last trading session, 3.49 million LogicMark Inc (NASDAQ:LGMK) shares changed hands as the company’s beta touched 1.23. With the company’s per share price at $0.26 changed hands at $0.0 or -0.66% during last session, the market valuation stood at $1.29M. LGMK’s last price was a discount, traded about -12303.85% off its 52-week high of $32.25. The share price had its 52-week low at $0.25, which suggests the last value was 3.85% up since then.

LogicMark Inc (NASDAQ:LGMK) trade information

Instantly LGMK was in red as seen at the end of in last trading. With action -61.90%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -82.85%, with the 5-day performance at -61.90% in the red. However, in the 30-day time frame, LogicMark Inc (NASDAQ:LGMK) is -80.06% down.

LogicMark Inc (LGMK) estimates and forecasts

Year-over-year growth is forecast to reach -0.45% down from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 2.23M. The company’s revenue for the corresponding quarters a year ago was 2.43M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -7.99%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 27.58%. The 2025 estimates are for LogicMark Inc earnings to increase by 81.39%.

LogicMark Inc (NASDAQ:LGMK)’s Major holders

Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. With 758.0 shares estimated at $194.0 under it, the former controlled 0.03% of total outstanding shares. On the other hand, Fidelity Extended Market Index Fund held about 0.01% of the shares, roughly 252.0 shares worth around $64.0.