Logicmark Stock Today
| LGMK Stock | USD 0.16 0.01 5.88% |
Performance0 of 100
| Odds Of DistressOver 62
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LogicMark is selling for 0.16 as of the 19th of September 2024. This is a 5.88 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 0.16. LogicMark has more than 62 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for LogicMark are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of January 2023 and ending today, the 19th of September 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 19th of August 2013 | Category Healthcare | Classification Information Technology |
LogicMark, Inc. offers personal emergency response systems , health communications devices, and Internet of Things technology that creates a connected care platform in the United States. LogicMark, Inc. was founded in 2006 and is based in Louisville, Kentucky. The company has 11.86 M outstanding shares of which 1.53 M shares are now shorted by private and institutional investors with about 0.25 trading days to cover. More on LogicMark
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LogicMark Stock Highlights
| Business Concentration | Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Information Technology, Electronic Equipment, Instruments & Components, Security & Protection Services, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsLogicMark can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand LogicMark's financial leverage. It provides some insight into what part of LogicMark's total assets is financed by creditors.
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LogicMark (LGMK) is traded on NASDAQ Exchange in USA. It is located in 2801 Diode Lane, Louisville, KY, United States, 40299 and employs 26 people. LogicMark is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.95 M. LogicMark conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 11.86 M outstanding shares of which 1.53 M shares are now shorted by private and institutional investors with about 0.25 trading days to cover.
LogicMark currently holds about 11.14 M in cash with (4.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.16, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check LogicMark Probability Of Bankruptcy
Ownership AllocationLogicMark secures 7.99 % of its outstanding shares held by insiders and 11.94 % owned by institutional investors.
Check LogicMark Ownership Details
LogicMark Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Parallel Advisors, Llc | 2024-03-31 | 0.0 | |
| Wells Fargo & Co | 2024-06-30 | 0.0 | |
| Td Waterhouse Canada Inc | 2024-03-31 | 0.0 | |
| Team Financial Group Llc | 2024-03-31 | 0.0 | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 0.0 | |
| Blackrock Inc | 2024-03-31 | 0.0 | |
| Susquehanna International Group, Llp | 2024-06-30 | 27.6 K | |
| Vanguard Group Inc | 2024-06-30 | 18.9 K | |
| Citadel Advisors Llc | 2024-06-30 | 18.3 K | |
| Tower Research Capital Llc | 2024-06-30 | 5.3 K | |
| Ubs Group Ag | 2024-06-30 | 3.2 K |
LogicMark Historical Income Statement
LogicMark Stock Against Markets
LogicMark Corporate Management
| Garett Hunter | Senior Marketing | Profile | |
| ChiaLin Simmons | CEO and President | Profile | |
| Mark Archer | Chief Officer | Profile | |
| Kenneth Hoskins | Vice Operations | Profile | |
| Brady Farrell | VP Sales | Profile |
Additional Information and Resources on Investing in LogicMark Stock
When determining whether LogicMark is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if LogicMark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Logicmark Stock. Highlighted below are key reports to facilitate an investment decision about Logicmark Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LogicMark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more information on how to buy LogicMark Stock please use our How to buy in LogicMark Stock guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LogicMark. If investors know LogicMark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LogicMark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (9.74) | Revenue Per Share 5.212 | Quarterly Revenue Growth 0.004 | Return On Assets (0.23) | Return On Equity (0.80) |
The market value of LogicMark is measured differently than its book value, which is the value of LogicMark that is recorded on the company's balance sheet. Investors also form their own opinion of LogicMark's value that differs from its market value or its book value, called intrinsic value, which is LogicMark's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LogicMark's market value can be influenced by many factors that don't directly affect LogicMark's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LogicMark's value and its price as these two are different measures arrived at by different means. Investors typically determine if LogicMark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LogicMark's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.