LogicMark Inc (NASDAQ:LGMK) price on Wednesday, April 30, rose 6.75% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.02.
A look at the stock’s price movement, the close in the last trading session was $0.02, moving within a range at $0.0165 and $0.0205. Overall, LGMK moved -12.12% over the past month.
LogicMark Inc’s market cap currently stands at around $1.06 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-30.
Turning to the stock’s technical picture we see that short term indicators suggest on average that LGMK is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
LGMK’s current price about 43.74% and -83.16% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 21.75, while 7-day volatility ratio is 43.20% and 28.88% in the 30-day chart. Further, LogicMark Inc (LGMK) has a beta value of 1.78, and an average true range (ATR) of 0.01.
If we refocus on LogicMark Inc (NASDAQ:LGMK), historical trading data shows that trading volumes averaged 530.1 over the past 10 days and 112.47 million over the past 3 months. The company’s latest data on shares outstanding shows there are 60.59 million shares.
The 10.06% of LogicMark Inc’s shares are in the hands of company insiders while institutional holders own 1.29% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.79 million on 2025-04-15, giving us a short ratio of 0.02. The data shows that as of 2025-04-15 short interest in LogicMark Inc (LGMK) stood at 296.0 of shares outstanding, with shares short rising to 0.74 million registered in 2025-03-14. Current price change has pushed the stock -98.84% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LGMK stock continues to rise going into the next quarter.
