NASDAQ
LGMK

LogicMark Inc

Security & Protection Services
Industrials

Prices are adjusted according to historical splits.

LogicMark Inc Stock Price

Vitals

Today's Low:
$2.0015
Today's High:
$2.17
Open Price:
$2.11
52W Low:
$1.84
52W High:
$22.2
Prev. Close:
$2.13
Volume:
63672

Company Statistics

Market Cap.:
$3.37 million
Book Value:
16.461
Revenue TTM:
$10.03 million
Operating Margin TTM:
-86.3%
Gross Profit TTM:
$7.23 million
Profit Margin:
-86.01%
Return on Assets TTM:
-19.97%
Return on Equity TTM:
-34.18%

Company Profile

LogicMark Inc had its IPO on 2013-08-19 under the ticker symbol LGMK.

The company operates in the Industrials sector and Security & Protection Services industry. LogicMark Inc has a staff strength of 25 employees.

Stock update

Shares of LogicMark Inc opened at $2.11 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2 - $2.17, and closed at $2.05.

This is a -3.76% slip from the previous day's closing price.

A total volume of 63,672 shares were traded at the close of the day’s session.

In the last one week, shares of LogicMark Inc have slipped by -19.29%.

LogicMark Inc's Key Ratios

LogicMark Inc has a market cap of $3.37 million, indicating a price to book ratio of 0.2358 and a price to sales ratio of 0.416.

In the last 12-months LogicMark Inc’s revenue was $10.03 million with a gross profit of $7.23 million and an EBITDA of $-7813845. The EBITDA ratio measures LogicMark Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, LogicMark Inc’s operating margin was -86.3% while its return on assets stood at -19.97% with a return of equity of -34.18%.

In Q2, LogicMark Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 30.9%.

LogicMark Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-13.89 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into LogicMark Inc’s profitability.

LogicMark Inc stock is trading at a EV to sales ratio of 0.0498 and a EV to EBITDA ratio of 0.1312. Its price to sales ratio in the trailing 12-months stood at 0.416.

LogicMark Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$25.64 million
Total Liabilities
$1.29 million
Operating Cash Flow
$0
Capital Expenditure
$395765
Dividend Payout Ratio
0%

LogicMark Inc ended 2024 with $25.64 million in total assets and $0 in total liabilities. Its intangible assets were valued at $25.64 million while shareholder equity stood at $23.94 million.

LogicMark Inc ended 2024 with $0 in deferred long-term liabilities, $1.29 million in other current liabilities, 133.00 in common stock, $-89711601.00 in retained earnings and $10.96 million in goodwill. Its cash balance stood at $7.65 million and cash and short-term investments were $7.65 million. The company’s total short-term debt was $65,875 while long-term debt stood at $0.

LogicMark Inc’s total current assets stands at $9.31 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $16409.00 compared to accounts payable of $446692.00 and inventory worth $987219.00.

In 2024, LogicMark Inc's operating cash flow was $0 while its capital expenditure stood at $395765.

Comparatively, LogicMark Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$2.05
52-Week High
$22.2
52-Week Low
$1.84
Analyst Target Price
$

LogicMark Inc stock is currently trading at $2.05 per share. It touched a 52-week high of $22.2 and a 52-week low of $22.2. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $2.51 and 200-day moving average was $4.45 The short ratio stood at 1.11 indicating a short percent outstanding of 0%.

Around 961.1% of the company’s stock are held by insiders while 715.7% are held by institutions.

Frequently Asked Questions About LogicMark Inc

The stock symbol (also called stock or share ticker) of LogicMark Inc is LGMK

The IPO of LogicMark Inc took place on 2013-08-19

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About

LogicMark, Inc. offers personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform in the United States. It manufactures and distributes non-monitored and monitored personal emergency response systems, which are offered through healthcare durable medical equipment and monitored security dealers/distributors, and the United States Department of Veterans Affairs. The company was formerly known as Nxt-ID, Inc. and changed its name to LogicMark, Inc. in March 2022. LogicMark, Inc. was founded in 2006 and is based in Louisville, Kentucky.

Address

2801 Diode Lane, Louisville, KY, United States, 40299