With 0.55 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.27 million shares. The 52-week range on LOGC shows that it touched its highest point at $9.34 and its lowest point at $4.68 during that stretch. It currently has a 1-year price target of $5.90. Beta for the stock currently stands at 2.02.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LOGC was down-trending over the past week, with a drop of -9.40%, but this was down by -14.50% over a month. Three-month performance dropped to -15.24% while six-month performance rose 31.29%. The stock gained 5.72% in the past year, while it has lost -2.70% so far this year.
Float and Shares Shorts:
At present, 26.29 million LOGC shares are outstanding with a float of 23.50 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LOGC since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.86049 being high and -$2.86049 being low. For LOGC, this leads to a yearly average estimate of -$2.86049. Based on analyst estimates, the high estimate for the next quarter is $0.04 and the low estimate is $0.04. The average estimate for the next quarter is thus $0.04.
