Now Is The Time To Build A Position In LogicMark Inc (NASDAQ:LGMK)

LogicMark Inc (NASDAQ:LGMK)’s traded shares stood at 123.27 million during the last session, with the company’s beta value hitting 1.86. At the close of trading, the stock’s price was $0.01, to imply a decrease of -12.96% or $0.0 in intraday trading. The company has a valuation of $0.57M, with an average of 157.88 million shares in intraday trading volume over the past 10 days and average of 27.05 million shares over the past 3 months.

LogicMark Inc (NASDAQ:LGMK) trade information

After registering a -12.96% downside in the last session, LogicMark Inc (LGMK) has traded red over the past five days. The 5-day price performance for the stock is -40.51%, and -94.74% over 30 days. With these gigs, the year-to-date price performance is -99.37%. Short interest in LogicMark Inc (NASDAQ:LGMK) saw shorts transact 0.74 million shares and set a 0.13 days time to cover.

LogicMark Inc (LGMK) estimates and forecasts

The rating firms project that company’s revenue will grow 0.55% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 2.63M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 2.35M.Earnings reports from the last fiscal year show that sales brought in 2.61M and 2.34M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 0.60% before jumping 0.50% in the following quarter.

LGMK Dividends

LogicMark Inc has its next earnings report out on 2025-Mar-30. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

LogicMark Inc (NASDAQ:LGMK)’s Major holders

LogicMark Inc insiders hold 1.11% of total outstanding shares, with institutional holders owning 1.30% of the shares at 1.31% float percentage. In total, 1.30% institutions holds shares in the company.

We also have VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund as the top two Mutual Funds with the largest holdings of the LogicMark Inc (LGMK) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund holds roughly 758.0 shares. This is just over 0.00% of the total shares, with a market valuation of $7.0. Data from the same date shows that the other fund manager holds a little less at 1.93, or 0.00% of the shares, all valued at about 18.0.