In the last trading session, 252.75 million shares of the LogicMark Inc (NASDAQ:LGMK) were traded, and its beta was 1.93. Most recently the company’s share price was $0.01, and it changed around $0.0 or 5.32% from the last close, which brings the market valuation of the company to $0.60M. We note from LogicMark Inc’s average daily trading volume that its 10-day average is 167.74 million shares, with the 3-month average coming to 29.17 million.
LogicMark Inc (NASDAQ:LGMK) trade information
Instantly LGMK has showed a green trend with a performance of 5.32% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.0150 on recent trading dayincreased the stock’s daily price by 33.33%. The company’s shares are currently down -99.34% year-to-date, but still down -33.56% over the last five days. On the other hand, LogicMark Inc (NASDAQ:LGMK) is -94.20% down in the 30-day period. We can see from the shorts that 1.02 million shares have been sold at a short interest cover period of 0.06 day(s).
LogicMark Inc (LGMK) estimates and forecasts
The year-over-year growth rate is expected to be 0.55%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 2.63M in revenue for the current quarter. 1 analysts expect LogicMark Inc to make 2.35M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.61M and 2.34M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 0.60%. Forecasts for the next quarter put sales growth at 0.50%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 57.33%.
LGMK Dividends
LogicMark Inc’s next quarterly earnings report is expected to be released on 2025-Mar-30.
LogicMark Inc (NASDAQ:LGMK)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.11% of LogicMark Inc shares, and 1.30% of them are in the hands of institutional investors. The stock currently has a share float of 1.31%.
VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 758.0 shares worth $7.0, making up 0.00% of all outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund held roughly 1.93 shares worth around $19.0, which represents about 0.00% of the total shares outstanding.
