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After finishing at $2.60 in the prior trading day, Lightwave Logic Inc (NASDAQ: LWLG) closed at $2.55, down -1.92%. In other words, the price has decreased by -$1.92 from its previous closing price. On the day, 0.52 million shares were traded. LWLG stock price reached its highest trading level at $2.615 during the session, while it also had its lowest trading level at $2.52.
Ratios:
Our goal is to gain a better understanding of LWLG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 20.08 and its Current Ratio is at 20.08. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.08.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 13 ’23 when LEONBERGER FREDERICK J sold 75,000 shares for $4.67 per share. The transaction valued at 350,528 led to the insider holds 179,128 shares of the business.
Bucchi Ronald A sold 27,000 shares of LWLG for $128,343 on Dec 06 ’23. The Director now owns 81,749 shares after completing the transaction at $4.75 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LWLG now has a Market Capitalization of 313861632 and an Enterprise Value of 281471904. For the stock, the TTM Price-to-Sale (P/S) ratio is 3420.40 while its Price-to-Book (P/B) ratio in mrq is 8.64. Its current Enterprise Value per Revenue stands at 3117.973 whereas that against EBITDA is -13.019.
Stock Price History:
Over the past 52 weeks, LWLG has reached a high of $5.96, while it has fallen to a 52-week low of $2.43. The 50-Day Moving Average of the stock is -17.33%, while the 200-Day Moving Average is calculated to be -34.53%.
Shares Statistics:
The stock has traded on average 662.94K shares per day over the past 3-months and 463210 shares per day over the last 10 days, according to various share statistics. A total of 120.72M shares are outstanding, with a floating share count of 119.93M. Insiders hold about 0.65% of the company’s shares, while institutions hold 26.84% stake in the company. Shares short for LWLG as of 1723680000 were 20838950 with a Short Ratio of 31.43, compared to 1721001600 on 19474977. Therefore, it implies a Short% of Shares Outstanding of 20838950 and a Short% of Float of 17.36.
