LogicMark Inc’s recent filing unveils 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 $30501.87.
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 $9457.0.
Price Performance Review of LGMK
On Monday, LogicMark Inc [NASDAQ:LGMK] saw its stock fall -4.26% to $0.01. Over the last five days, the stock has lost -9.09%. LogicMark Inc shares have fallen nearly -99.40% since the year began. Nevertheless, the stocks have fallen -99.96% over the past one year. SMA at 50 days reached $0.1955, while 200 days put it at $3.3543.
Levels Of Support And Resistance For LGMK Stock
The 24-hour chart illustrates a support level at 0.0080, which if violated will result in even more drops to 0.0070. On the upside, there is a resistance level at 0.0100. A further resistance level may holdings at 0.0110. The Relative Strength Index (RSI) on the 14-day chart is 13.10, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0034, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.50%. Stochastics %K at 13.69% 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 2025-03-31, growing by 0.85 million shares to a total of 1.02 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 0.16 million shares. There was a rise of 84.0%, which implies that there is a positive sentiment for the stock.
