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The price of Lightwave Logic Inc (NASDAQ: LWLG) closed at $3.08 in the last session, up 0.33% from day before closing price of $3.07. In other words, the price has increased by $0.33 from its previous closing price. On the day, 1.26 million shares were traded. LWLG stock price reached its highest trading level at $3.11 during the session, while it also had its lowest trading level at $2.86.
Ratios:
We take a closer look at LWLG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 17.76 and its Current Ratio is at 17.81. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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. On Jul 19 ’23, another insider, LEONBERGER FREDERICK J, who serves as the Director of the company, sold 49,000 shares for $7.75 each. As a result, the insider received 379,750 and left with 154,128 shares of the company.
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 369889504 and an Enterprise Value of 341258080. For the stock, the TTM Price-to-Sale (P/S) ratio is 5283.96 while its Price-to-Book (P/B) ratio in mrq is 9.92. Its current Enterprise Value per Revenue stands at 4811.942 whereas that against EBITDA is -16.193.
Stock Price History:
Over the past 52 weeks, LWLG has reached a high of $9.18, while it has fallen to a 52-week low of $2.95. The 50-Day Moving Average of the stock is -22.86%, while the 200-Day Moving Average is calculated to be -33.23%.
Shares Statistics:
According to the various share statistics, LWLG traded on average about 642.92K shares per day over the past 3-months and 909930 shares per day over the past 10 days. A total of 120.09M shares are outstanding, with a floating share count of 119.41M. Insiders hold about 0.57% of the company’s shares, while institutions hold 26.26% stake in the company. Shares short for LWLG as of 1715731200 were 20621368 with a Short Ratio of 32.07, compared to 1713139200 on 19958549. Therefore, it implies a Short% of Shares Outstanding of 20621368 and a Short% of Float of 17.27.
