LogicMark (OTCMKTS:LGMKD) Stock Price Up 5% – Should You Buy?

Shares of LogicMark, Inc. (OTCMKTS:LGMKDGet Free Report) rose 5% during trading on Friday . The stock traded as high as $1.05 and last traded at $1.05. Approximately 1,547 shares changed hands during trading, a decline of 98% from the average daily volume of 62,721 shares. The stock had previously closed at $1.00.

LogicMark Stock Performance

The company has a market cap of $951,300.00, a price-to-earnings ratio of -0.01 and a beta of 1.67. The firm’s 50-day moving average price is $0.62 and its 200 day moving average price is $0.72.

LogicMark Company Profile

(Get Free Report)

LogicMark, Inc (NASDAQ:LGMKD) is a Florida-based company specializing in personal emergency response systems (PERS) designed to enhance safety and independence for seniors and vulnerable individuals. Through its proprietary cellular and GPS-enabled devices, LogicMark enables rapid connection to emergency services and designated caregivers at the push of a button, whether users are at home or on the move. The company’s solutions help address the growing demand for reliable, easy-to-use monitoring technology in aging-in-place and assisted-living settings.

The company’s product portfolio includes in-home cellular units, wearable pendants, wristband communicators and on-the-go mobile locators with built-in fall detection capabilities.

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