LogicMark Inc (LGMK) Has A Bright Growth Prospects For 2025

LogicMark Inc (NASDAQ:LGMK) has a beta value of 1.92 and has seen 72.42 million shares traded in the last trading session. If we look at the company’s 10-day average daily trading volume, we find that it stood at 159.23 million shares traded. The 3-month trading volume is 41.58 million shares.

LogicMark Inc (NASDAQ:LGMK) trade information

Over the past 30 days, the shares of LogicMark Inc (NASDAQ:LGMK) have changed -94.40%. Short interest in the company has seen 1.02 million shares shorted with days to cover at 0.06.

LogicMark Inc (LGMK) estimates and forecasts

The company’s shares have lost -99.59% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 0.55%.

1 analysts offering their estimates for the company have set an average revenue estimate of 2.63M for the current quarter. 1 have an estimated revenue figure of 2.35M for the next ending quarter. Year-ago sales stood 2.61M and 2.34M respectively for this quarter and the next, and analysts expect sales will grow by 0.60% for the current quarter and 0.55% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 57.33% over the past 5 years.

LGMK Dividends

LogicMark Inc is expected to release its next earnings report on 2025-Mar-30 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

LogicMark Inc (NASDAQ:LGMK)’s Major holders

Insiders own 1.11% of the company shares, while shares held by institutions stand at 1.30% with a share float percentage of 1.31%. Investors are also buoyed by the number of investors in a company, with LogicMark Inc having a total of 13.0 institutions that hold shares in the company.

Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund . As of Dec 31, 2024 , the former fund manager holds about 0.00% shares in the company for having 758.0 shares of worth $7.0 while later fund manager owns 1.93 shares of worth $18.0 as of Feb 28, 2025 , which makes it owner of about 0.00% of company’s outstanding stock.