How to Buy Logicmark Stock
Logicmark Inc
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.
Logicmark stock last closed at $0.89, up 6.71% from the previous day, and has decreased 69.31% in one year. It has underperformed other stocks in the Security & Protection Services industry by 0.96 percentage points. Logicmark stock is currently +9.88% from its 52-week low of $0.81, and -74.43% from its 52-week high of $3.48.
At the moment, there are 2.2M LGMK shares outstanding. The market cap of LGMK is $1.95M. In the past 24 hours, 26,885 LGMK shares were traded.
How to Buy Logicmark Stock
Wondering how to invest in Logicmark stock? Here's how.
- Choose where to buy Logicmark stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Logicmark stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Select your method of payment and add your details.
- Analyze Logicmark stock: The Logicmark ticker symbol is LGMK. Is Logicmark stock a good investment? Should you buy shares of LGMK? How do LGMK's underlying business fundamentals look? Do top analysts think Logicmark is a good buy? Why has LGMK's stock price moved recently? (Hint: Our stock market research tools can help you understand if LGMK is a good stock to buy).
- Place your LGMK buy order: Decide if you will purchase LGMK shares at the current market price or use a limit order to buy LGMK stock at a particular price.
- Get notifications regarding your investment in LGMK: Create a watchlist to keep track of your position in Logicmark shares.
Step 1: Choose where to buy Logicmark stock
You need an online brokerage account in order to access the NASDAQ market and buy LGMK shares.
Our favorite brokerage: eToro
In our opinion, eToro is the best stock brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global markets: From Technology to Real Estate, New York to Hong Kong — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by creating an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal information so you are able to buy LGMK stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start a new trading account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on the highest rated stock app, you can securely and quickly fund your account:
Check out the tutorial below to see the process of transferring funds into your new investment account.
Step 4: Analyze Logicmark stock
After you have figured out the best place to buy Logicmark stock, it's very important to research their stock before you invest, so you truly comprehend the risk as well as the upside.
Logicmark shares data
Logicmark Fundamentals
WallStreetZen was created to help average investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on LGMK's stock page.
How is LGMK stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge LGMK's fair value.
Using relative valuations methods:
- LGMK may be undervalued based on its P/B ratio of 0.15x, relative to Security & Protection Services industry P/B ratio of 2.97x
You can access additional valuation research on LGMK's stock here.
LGMK Financials at a glance
Positive Health Checks:
- LGMK has cash burn of 5688915. It has enough cash and short-term investments to cover this for at least one year.
- Total LGMK debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the LGMK balance sheet.
- LGMK has a low debt to equity ratio of 0.16.
- There are more short-term assets than long-term liabilities on the LGMK balance sheet.
Negative Health Checks:
- LGMK has $6.40M in cash and short term investments. This is not enough to cover its annual cash burn of $5.69M.
- LGMK profit margin has gone down from -60.9% to -158.9% in the past year.
You can dig deeper into what analysts are projecting on the Logicmark stock forecast page.
LGMK Trading Indicators
How are LGMK Revenues/Earnings doing?
Last year, LGMK revenue was $9.93M. Over the past five year, LGMK's revenue has increased by -10.32% per year. This was slower than the Security & Protection Services industry average of 7.03%.
Dig into LGMK's earnings and revenue performance here.
Latest Insiders Trades at LGMK
In the past 12 months, executives and large shareholders at LGMK have not bought or sold any shares.
Learn more about who owns LGMK stock here.
Can I rely on LGMK as an income stream?
No, Logicmark doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your LGMK buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, place a limit order.
Press the Open button and eToro will place the order.
If you require more info about buying stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your investment in LGMK
Now that you own some LGMK shares, you'll want to stay up-to-date on your stock purchase.
Start a watchlist to track the most important metrics related to your LGMK stock.
LGMK Feed
How to Buy Stock in Logicmark
To summarize, here are the 6 steps for buying Logicmark stock:
- Choose where to buy Logicmark stock
- Create a brokerage account
- Fund your brokerage account
- Analyze Logicmark stock
- Place your LGMK buy order
- Get notifications regarding your investment in LGMK
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to monitor your new investment in Logicmark, add LGMK to your watchlist below.
More Articles You Might Like
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.