LogicMark, Inc. provides personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform. Co.'s devices provide people with the ability to receive care at home and age independently. Its PERS devices incorporate two-way voice communication technology directly in the medical alert pendant. These PERS technologies are sold direct-to-consumer through the Co.'s e-commerce Website, through dealers and distributors, as well as through the U.S. Veterans Health Administration (VHA). We show 10 historical shares outstanding datapoints in our LGMK shares outstanding history coverage, used to compute LGMK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LGMK market cap history over the course of time is important for investors
interested in comparing LGMK's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of LGMK versus a peer is one thing; comparing
LGMK market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like LGMK can fluctuate over the course of history.
With this page we aim to empower investors researching LGMK by allowing them to research the LGMK market cap history. |
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Video: The Importance of Market Cap
