LogicMark Inc’s filing revealed that its 10% Owner Winvest Investment Fund Manage acquired Company’s shares for reported $0.18 million on Oct 15 ’24. In the deal valued at $0.08 per share,2,104,107 shares were bought. As a result of this transaction, Winvest Investment Fund Manage now holds 3,050,187 shares worth roughly $0.31 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Winvest Investment Fund Manage bought 1,024,400 shares, generating $93,016 in total proceeds. Upon buying the shares at $0.09, the 10% Owner now owns 4,074,587 shares.
Before that, Winvest Investment Fund Manage bought 336,100 shares. LogicMark Inc shares valued at $35,190 were divested by the 10% Owner at a price of $0.10 per share. As a result of the transaction, Winvest Investment Fund Manage now holds 945,700 shares, worth roughly $94570.0.
Price Performance Review of LGMK
On Friday, LogicMark Inc [NASDAQ:LGMK] saw its stock jump 0.68% to $0.10. Over the last five days, the stock has gained 20.14%. LogicMark Inc shares have fallen nearly -90.15% since the year began. Nevertheless, the stocks have fallen -94.10% over the past one year. While a 52-week high of $2.20 was reached on 03/01/24, a 52-week low of $0.08 was recorded on 10/14/24. SMA at 50 days reached $0.1480, while 200 days put it at $0.6418.
Levels Of Support And Resistance For LGMK Stock
The 24-hour chart illustrates a support level at 0.0965, which if violated will result in even more drops to 0.0886. On the upside, there is a resistance level at 0.1173. A further resistance level may holdings at 0.1302. The Relative Strength Index (RSI) on the 14-day chart is 42.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0119, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.66%. Stochastics %K at 32.27% indicates the stock is a holding.
How much short interest is there in LogicMark Inc?
A steep rise in short interest was recorded in LogicMark Inc stocks on 2024-10-15, dropping by -1.0 million shares to a total of 0.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 1.44 million shares. There was a decline of -229.62%, which implies that there is a negative sentiment for the stock.