LogicMark Inc’s recently made public 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 $0.27 million.
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 $85113.0.
Price Performance Review of LGMK
On Tuesday, LogicMark Inc [NASDAQ:LGMK] saw its stock fall -23.69% to $0.09. Over the last five days, the stock has lost -52.06%. LogicMark Inc shares have fallen nearly -94.27% since the year began. Nevertheless, the stocks have fallen -99.68% over the past one year. While a 52-week high of $26.25 was reached on 01/06/25, a 52-week low of $0.11 was recorded on 03/25/25. SMA at 50 days reached $0.6385, while 200 days put it at $4.8554.
Levels Of Support And Resistance For LGMK Stock
The 24-hour chart illustrates a support level at 0.0730, which if violated will result in even more drops to 0.0600. On the upside, there is a resistance level at 0.1038. A further resistance level may holdings at 0.1216. The Relative Strength Index (RSI) on the 14-day chart is 13.41, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0549, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.75%. Stochastics %K at 5.03% indicates the stock is a buying.
How much short interest is there in LogicMark Inc?
A steep rise in short interest was recorded in LogicMark Inc stocks on 2025-03-14, growing by 0.27 million shares to a total of 0.74 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.47 million shares. There was a rise of 36.49%, which implies that there is a positive sentiment for the stock.
