LogicMark (OTCMKTS:LGMKD) Shares Down 10.6% – Time to Sell?

LogicMark, Inc. (OTCMKTS:LGMKDGet Free Report) traded down 10.6% on Monday . The company traded as low as $0.6101 and last traded at $0.7154. Approximately 465 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 62,721 shares. The stock had previously closed at $0.80.

LogicMark Price Performance

The firm has a market capitalization of $648,127.94, a price-to-earnings ratio of -0.01 and a beta of 1.67. The company has a fifty day moving average price of $0.77 and a two-hundred day moving average price of $0.69.

LogicMark Company Profile

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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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