In the Green: Lightwave Logic Inc (LWLG) Closes at 2.92, Up/Down -3.31 from Previous Day

Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Lightwave Logic Inc (NASDAQ: LWLG) closed at $2.92 down -3.31% from its previous closing price of $3.02. In other words, the price has decreased by -$3.31 from its previous closing price. On the day, 0.52 million shares were traded. LWLG stock price reached its highest trading level at $3.06 during the session, while it also had its lowest trading level at $2.87.

Ratios:

For a deeper understanding of Lightwave Logic Inc’s stock, let’s take a closer look at its various 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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 352490720 and an Enterprise Value of 326136960. For the stock, the TTM Price-to-Sale (P/S) ratio is 3916.69 while its Price-to-Book (P/B) ratio in mrq is 9.89. Its current Enterprise Value per Revenue stands at 3612.745 whereas that against EBITDA is -15.085.

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 -1.80%, while the 200-Day Moving Average is calculated to be -23.07%.

Shares Statistics:

For the past three months, LWLG has traded an average of 595.00K shares per day and 640890 over the past ten days. A total of 120.72M shares are outstanding, with a floating share count of 119.92M. Insiders hold about 0.66% of the company’s shares, while institutions hold 26.86% stake in the company. Shares short for LWLG as of 1724976000 were 21084522 with a Short Ratio of 34.24, compared to 1722384000 on 19930262. Therefore, it implies a Short% of Shares Outstanding of 21084522 and a Short% of Float of 17.559999.

Most Popular