LogicMark (LGMK) Scheduled to Post Quarterly Earnings on Tuesday

LogicMark (NASDAQ:LGMK) is set to issue its quarterly earnings data after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of ($0.43) per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

LogicMark (NASDAQ:LGMK) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($0.96) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.07) by $0.11. The business had revenue of $2.34 million during the quarter, compared to the consensus estimate of $2.37 million. LogicMark had a negative return on equity of 104.48% and a negative net margin of 146.14%.

LogicMark Stock Up 4.6 %

Shares of LogicMark stock traded up $0.00 during trading on Tuesday, hitting $0.10. The company’s stock had a trading volume of 4,432,807 shares, compared to its average volume of 5,098,521. LogicMark has a 52 week low of $0.08 and a 52 week high of $2.20. The company has a fifty day simple moving average of $0.14 and a two-hundred day simple moving average of $0.44.

Insider Buying and Selling at LogicMark

In other news, major shareholder Winvest Investment Fund Manage purchased 336,100 shares of the business’s stock in a transaction on Wednesday, October 9th. The stock was acquired at an average price of $0.10 per share, for a total transaction of $33,610.00. Following the acquisition, the insider now directly owns 945,700 shares of the company’s stock, valued at $94,570. This represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.47% of the company’s stock.

LogicMark Company Profile

LogicMark, Inc provides personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform in the United States. The company’s devices provide people with the ability to receive care at home and age independently and to check, manage, and monitor a loved one’s health and safety remotely.