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As of close of business last night, Lightwave Logic Inc’s stock clocked out at $2.98, up 4.75% from its previous closing price of $2.85. In other words, the price has increased by $4.75 from its previous closing price. On the day, 0.59 million shares were traded. LWLG stock price reached its highest trading level at $3.02 during the session, while it also had its lowest trading level at $2.71.
Ratios:
To gain a deeper understanding of LWLG’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 24.48 and its Current Ratio is at 24.48. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.08.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 364671552 and an Enterprise Value of 340593376. For the stock, the TTM Price-to-Sale (P/S) ratio is 3472.49 while its Price-to-Book (P/B) ratio in mrq is 10.81. Its current Enterprise Value per Revenue stands at 3009.041 whereas that against EBITDA is -16.043.
Stock Price History:
Over the past 52 weeks, LWLG has reached a high of $5.69, while it has fallen to a 52-week low of $2.43. The 50-Day Moving Average of the stock is -4.26%, while the 200-Day Moving Average is calculated to be -14.20%.
Shares Statistics:
It appears that LWLG traded 679.65K shares on average per day over the past three months and 895750 shares per day over the past ten days. A total of 122.37M shares are outstanding, with a floating share count of 121.57M. Insiders hold about 0.66% of the company’s shares, while institutions hold 27.88% stake in the company. Shares short for LWLG as of 1730332800 were 20920360 with a Short Ratio of 30.78, compared to 1727654400 on 21735562. Therefore, it implies a Short% of Shares Outstanding of 20920360 and a Short% of Float of 17.43.
