LogicMark, Inc. (LGMK) Stock
LogicMark, Inc. (LGMK) is a U.S.-based technology company focused on developing connected care solutions.
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About LogicMark, Inc.
LogicMark, Inc. (LGMK) is a U.S.-based technology company focused on developing connected care solutions. Its offerings include personal emergency response systems (PERS), health communication devices, and Internet of Things (IoT) technology, all designed to build a comprehensive care platform. Operating through its subsidiary, LogicMark LLC, the company is responsible for the manufacture and distribution of both non-monitored and monitored personal emergency response systems. These critical devices are marketed via various channels, including durable medical equipment (DME) providers in the healthcare sector, security dealers and distributors, and directly to the United States Department of Veterans Affairs (VA). Established in 2006, LogicMark, Inc. maintains its headquarters in Louisville, Kentucky. Previously known as Nxt-ID, Inc., the company officially adopted the LogicMark, Inc. name in March 2022.
LogicMark, Inc. is headquartered in US.
LogicMark, Inc. (LGMK) stock trades at $0.80 with a market capitalization of $719807. The stock is valued at a price-to-earnings (P/E) ratio of -0.14, price-to-book of 0.03, price-to-sales of 0.06. Over the past 52 weeks the stock has ranged between $0.35 and $5.25, and currently trades 84.8% below its 52-week high.
On profitability, LogicMark, Inc. generates a return on equity (ROE) of -36.00%, return on capital employed of -35.98%, an operating margin of -50.51%, a net profit margin of -56.46%.
Official website: www.logicmark.com