Logicmark Stock Today

LGMK Stock  USD 0.59  0.09  13.24%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

High

 
High
 
Low
LogicMark is selling for 0.59 as of the 16th of February 2025. This is a 13.24 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 0.58. LogicMark has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 17th of January 2025 and ending today, the 16th of February 2025. 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 2.75 M outstanding shares of which 40.96 K shares are now shorted by private and institutional investors with about 0.17 trading days to cover. More on LogicMark

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LogicMark Stock Highlights

Business ConcentrationElectronic 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
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.620.67
Significantly Down
Slightly volatile
Total Current Liabilities2.2 M2.4 M
Notably Down
Pretty Stable
Non Current Liabilities Total44.3 K46.7 K
Notably Down
Slightly volatile
Total Assets23.4 M19.6 M
Fairly Up
Slightly volatile
Total Current AssetsM9.3 M
Way Down
Slightly volatile
Debt Levels
LogicMark 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.
Liquidity
LogicMark currently holds 120.16 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. LogicMark has a current ratio of 7.63, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about LogicMark's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

236,919
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 1.62 M. LogicMark conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 2.75 M outstanding shares of which 40.96 K shares are now shorted by private and institutional investors with about 0.17 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 Allocation
LogicMark secures 8.45 % of its outstanding shares held by insiders and 14.43 % owned by institutional investors.
Check LogicMark Ownership Details

LogicMark Stock Institutional Holders

InstituionRecorded OnShares
Planned Solutions, Inc.2024-09-30
2.0
Jones Financial Companies Lllp2024-09-30
2.0
Susquehanna International Group, Llp2024-09-30
0.0
Harbor Investment Advisory, Llc2024-09-30
0.0
Baader Bank Inc2024-12-31
0.0
Citadel Advisors Llc2024-09-30
0.0
Sjs Investment Consulting Inc.2024-12-31
0.0
Ubs Group Ag2024-09-30
162.5 K
Virtu Financial Llc2024-09-30
51.8 K
Two Sigma Securities, Llc2024-09-30
23.7 K
Hrt Financial Llc2024-09-30
22.7 K
View LogicMark Diagnostics

LogicMark Historical Income Statement

At this time, LogicMark's Tax Provision is quite stable compared to the past year. Net Interest Income is expected to rise to about 255.6 K this year, although the value of Selling General Administrative will most likely fall to about 5.9 M. View More Fundamentals

LogicMark Stock Against Markets

LogicMark Corporate Management

Garett HunterSenior MarketingProfile
ChiaLin SimmonsCEO and PresidentProfile
Mark ArcherChief OfficerProfile
Kenneth HoskinsVice OperationsProfile
Brady FarrellVP SalesProfile
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.
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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
(206.75)
Revenue Per Share
71.526
Quarterly Revenue Growth
0.143
Return On Assets
(0.21)
Return On Equity
(0.77)
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.