In the latest trading session, 0.49 million LogicMark Inc (NASDAQ:LGMK) shares changed hands as the company’s beta touched 1.51. With the company’s most recent per share price at $0.17 changed hands at -$0.01 or -3.45% at last look, the market valuation stands at $1.13M. LGMK’s current price is a discount, trading about -17547.06% off its 52-week high of $30.00. The share price had its 52-week low at $0.16, which suggests the last value was 5.88% up since then. When we look at LogicMark Inc’s average trading volume, we note the 10-day average is 3.68 million shares, with the 3-month average coming to 2.04 million.
LogicMark Inc (NASDAQ:LGMK) trade information
Instantly LGMK was in red as seen in intraday trades today. With action -8.22%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -88.61%, with the 5-day performance at -8.22% in the red. However, in the 30-day time frame, LogicMark Inc (NASDAQ:LGMK) is -74.69% down. Looking at the short shares, we see there were 0.16 million shares sold at short interest cover period of 0.05 days.
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
If we look at who the major shareholders are, we find that insiders hold 10.21% of LogicMark Inc shares while 11.91% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 13.26%.
Among Mutual Funds, the top two as of Dec 31, 2024 were Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund. With 252.0 shares estimated at $42.0 under it, the former controlled 0.00% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 0.00% of the shares, roughly 758.0 shares worth around $127.0.
