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LogicMark NasdaqCM:LGMK Stock Report

Last Price

US$0.83

Market Cap

US$1.9m

7D

-12.6%

1Y

-71.5%

Updated

17 Apr, 2024

Data

Company Financials +

LGMK Stock Overview

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.

LGMK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

LogicMark, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for LogicMark
Historical stock prices
Current Share PriceUS$0.83
52 Week HighUS$3.97
52 Week LowUS$0.81
Beta1.36
1 Month Change-23.15%
3 Month Change-15.31%
1 Year Change-71.48%
3 Year Change-99.46%
5 Year Change-99.55%
Change since IPO-99.97%

Recent News & Updates

Here's Why Shareholders May Want To Be Cautious With Increasing LogicMark, Inc.'s (NASDAQ:LGMK) CEO Pay Packet

Dec 14
Here's Why Shareholders May Want To Be Cautious With Increasing LogicMark, Inc.'s (NASDAQ:LGMK) CEO Pay Packet

Recent updates

Here's Why Shareholders May Want To Be Cautious With Increasing LogicMark, Inc.'s (NASDAQ:LGMK) CEO Pay Packet

Dec 14
Here's Why Shareholders May Want To Be Cautious With Increasing LogicMark, Inc.'s (NASDAQ:LGMK) CEO Pay Packet

LogicMark, Inc.'s (NASDAQ:LGMK) Business And Shares Still Trailing The Industry

Jul 21
LogicMark, Inc.'s (NASDAQ:LGMK) Business And Shares Still Trailing The Industry

LogicMark stock gains on strong Q2 earnings

Aug 12

Companies Like LogicMark (NASDAQ:LGMK) Are In A Position To Invest In Growth

Mar 04
Companies Like LogicMark (NASDAQ:LGMK) Are In A Position To Invest In Growth

Nxt-ID (NASDAQ:NXTD) Is In A Good Position To Deliver On Growth Plans

Nov 18
Nxt-ID (NASDAQ:NXTD) Is In A Good Position To Deliver On Growth Plans

Health Check: How Prudently Does Nxt-ID (NASDAQ:NXTD) Use Debt?

Jul 19
Health Check: How Prudently Does Nxt-ID (NASDAQ:NXTD) Use Debt?

NXT-ID appoints Chia-Lin Simmons as CEO

Jun 17

Nxt-ID prepays $3M of senior secured term loan facility

May 03

A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)

Mar 29
A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)

Nxt-ID (NASDAQ:NXTD) Shareholders Have Enjoyed A Whopping 346% Share Price Gain

Mar 01
Nxt-ID (NASDAQ:NXTD) Shareholders Have Enjoyed A Whopping 346% Share Price Gain

Here's Why Nxt-ID (NASDAQ:NXTD) Is Weighed Down By Its Debt Load

Jan 29
Here's Why Nxt-ID (NASDAQ:NXTD) Is Weighed Down By Its Debt Load

A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)

Dec 24
A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)

Does Nxt-ID (NASDAQ:NXTD) Have The Makings Of A Multi-Bagger?

Nov 19
Does Nxt-ID (NASDAQ:NXTD) Have The Makings Of A Multi-Bagger?

Shareholder Returns

LGMKUS Medical EquipmentUS Market
7D-12.6%-4.1%-3.7%
1Y-71.5%-2.2%20.5%

Return vs Industry: LGMK underperformed the US Medical Equipment industry which returned 2.2% over the past year.

Return vs Market: LGMK underperformed the US Market which returned 20.2% over the past year.

Price Volatility

Is LGMK's price volatile compared to industry and market?
LGMK volatility
LGMK Average Weekly Movement7.1%
Medical Equipment Industry Average Movement7.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: LGMK's share price has been volatile over the past 3 months.

Volatility Over Time: LGMK's weekly volatility has decreased from 15% to 7% over the past year.

About the Company

FoundedEmployeesCEOWebsite
200626Chia-Lin Simmonswww.logicmark.com

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. Fundamentals Summary

How do LogicMark's earnings and revenue compare to its market cap?
LGMK fundamental statistics
Market capUS$1.87m
Earnings (TTM)-US$15.78m
Revenue (TTM)US$9.93m

0.2x

P/S Ratio

-0.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LGMK income statement (TTM)
RevenueUS$9.93m
Cost of RevenueUS$3.27m
Gross ProfitUS$6.66m
Other ExpensesUS$22.44m
Earnings-US$15.78m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-7.18
Gross Margin67.07%
Net Profit Margin-158.93%
Debt/Equity Ratio0%

How did LGMK perform over the long term?

See historical performance and comparison
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