NXT-ID CHANGES NAME AND SYMBOL TO LOGICMARK

As of this writing, over 16 million shares of the stock have changed hands. That’s already well above the company’s daily average trading volume of 2.3 million shares. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

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  • The company was founded by Gino Miguel Pereira and David Charles Tunnell on February 8, 2012 and is headquartered Louisville, KY.

An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. The Nxt-ID, Inc. stock price is closed at $ 2.42 with a total market cap valuation of $ 57.75M (44M shares outstanding). Trading volume for NXTD stock today backs this up with more activity than normal.

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Even when a business is losing money, it’s possible for shareholders to make money if they buy a good business at the… When you see Nxt-ID stock appear in the results, tap it to open up the purchase screen. There are multiple ways to fund your Public account—from linking a bank account to making a deposit with a debit card or wire transfer. On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries.

Nxt-ID, Inc. provides technology products and services for healthcare applications that enable the Internet of Things (IoT). It operates business in one segment-hardware and software security systems and applications. The firm develops and markets solutions for payment and IoT applications. The company was founded by Gino Miguel Pereira etoro broker review and David Charles Tunnell on February 8, 2012 and is headquartered Oxford, CT. LogicMark, Inc. provides technology products and services for healthcare applications that enable the Internet of Things (IoT). The company was founded by Gino Miguel Pereira and David Charles Tunnell on February 8, 2012 and is headquartered Louisville, KY.

In the same quarter last year, Nxt-ID’s earnings per share (EPS) was $0. Nxt-ID is expected to release next earnings on -, with an earnings per share (EPS) estimate of $0. With that in mind, here’s what potential NXTD investors need to know about the company. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. The scores are based on the trading styles of Value, Growth, and Momentum.

Of course, traders will want to approach NXTD stock with caution today. While these short squeezes can be a quick way to pocket some profits, they don’t last long. Investors can expect to see the shares fall after it’s done and someone has to be left holding the bag. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. To date, LogicMark has supplied more than half a million PERS devices to seniors, veterans and loved ones–providing them with the confidence to live confidently and independently at home for as long as possible.

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That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers how to become a full stack developer of the risks. Nxt-ID is a health care equipment & supplies business based in the US. Nxt-ID shares (NXTD.US) are listed on the NASDAQ and all prices are listed in US dollars. Nxt-ID employs 19 staff and has a market cap (total outstanding shares value) of $21.5 million.

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LogicMark revolutionized the PERS industry by incorporating two-way voice communication technology directly into its medical alert pendant and providing this life-saving technology at a price point that everyday consumers could afford. LogicMark’s PERS technologies are sold through the United States Veterans Health Administration and dealers/distributors. General Services Administration that enables the company to distribute its products to federal, state and local governments.

NXT-ID (NXTD) a Sell on Slumping Earnings Growth

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Finder.com compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. LOUISVILLE, Ky., March 1, 2022 /PRNewswire/ — NXT-ID, Inc. announced today a name change to LogicMark, Inc.

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Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management’s current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company’s business strategy.

Such forward-looking statements reflect LogicMark’s expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. These statements include but are not limited to statements regarding LogicMark’s successful execution of its business strategy. Nxt-ID shares reverse split on the morning of Monday, October 18th 2021. The 1-10 reverse split was announced on Monday, October 18th 2021. The number of shares owned by shareholders was adjusted after the market closes on Monday, October 18th 2021.

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