During the recent session, LogicMark Inc (NASDAQ:LGMK)’s traded shares were 30.23 million, with the beta value of the company hitting 1.92. The company’s market capitalization is $0.61M, and the average intraday trading volume over the past 10 days was 167.5 million shares, and the average trade volume was 41.58 million shares over the past three months.
LogicMark Inc (NASDAQ:LGMK) trade information
LogicMark Inc (LGMK) registered a 4.12% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.12% in intraday trading to $0.01, hitting a weekly high. The stock’s 5-day price performance is 7.45%, and it has moved by -93.98% in 30 days. Based on these gigs, the overall price performance for the year is -99.95%. The short interest in LogicMark Inc (NASDAQ:LGMK) is 1.02 million shares and it means that shorts have 0.06 day(s) to cover.
LogicMark Inc (LGMK) estimates and forecasts
In the rating firms’ projections, revenue will increase 0.55% 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 2.63M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 2.35M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 2.61M and 2.34M respectively. In this case, analysts expect current quarter sales to grow by 0.60% and then jump by 0.50% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 57.33%.
LGMK Dividends
LogicMark Inc is due to release its next quarterly earnings on 2025-Mar-30. 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 1.11% of total outstanding shares while institutional holders control 1.30%, with the float percentage being 1.31%.
Also, the Mutual Funds coming in first place with the largest holdings of LogicMark Inc (LGMK) shares are VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund owns about 758.0 shares. This amounts to just over 0.00 percent of the company’s overall shares, with a $7.0 market value. The same data shows that the other fund manager holds slightly less at 1.93, or about 0.00% of the stock, which is worth about $19.0.
