As of close of business last night, Lightwave Logic Inc’s stock clocked out at $4.20, down -1.18% from its previous closing price of $4.25. In other words, the price has decreased by -$0.0500 from its previous closing price. On the day, 544214 shares were traded.
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 12.48 and its Current Ratio is at 12.66. 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. 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 506.54M and an Enterprise Value of 478.01M. For the stock, the TTM Price-to-Sale (P/S) ratio is 12514.95 while its Price-to-Book (P/B) ratio in mrq is 13.62. Its current Enterprise Value per Revenue stands at 11.80k whereas that against EBITDA is -24.00.
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 $3.79. The 50-Day Moving Average of the stock is 4.4174, while the 200-Day Moving Average is calculated to be 5.5064.
Shares Statistics:
It appears that LWLG traded 668.14K shares on average per day over the past three months and 605.69k shares per day over the past ten days. A total of 119.19M shares are outstanding, with a floating share count of 118.50M. Insiders hold about 0.58% of the company’s shares, while institutions hold 27.16% stake in the company. Shares short for LWLG as of Feb 15, 2024 were 20.98M with a Short Ratio of 31.41, compared to 21.8M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 17.95% and a Short% of Float of 18.04%.
Earnings Estimates
As of right now, 0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
