LogicMark Inc [LGMK] Investment Appeal on the Rise

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 $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 -8.90% to $0.01. Over the last five days, the stock has lost -25.70%. LogicMark Inc shares have fallen nearly -99.11% since the year began. Nevertheless, the stocks have fallen -99.94% over the past one year. SMA at 50 days reached $0.0682, while 200 days put it at $2.2786.

Levels Of Support And Resistance For LGMK Stock

The 24-hour chart illustrates a support level at 0.0118, which if violated will result in even more drops to 0.0103. On the upside, there is a resistance level at 0.0151. A further resistance level may holdings at 0.0169. The Relative Strength Index (RSI) on the 14-day chart is 26.05, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0012, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.01%. Stochastics %K at 19.99% indicates the stock is a buying.

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