After finishing at $4.70 in the prior trading day, Lightwave Logic Inc (NASDAQ: LWLG) closed at $4.44, down -5.53%. In other words, the price has decreased by -$0.2600 from its previous closing price. On the day, 648497 shares were traded.
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 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:
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. 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 530.37M and an Enterprise Value of 501.85M. For the stock, the TTM Price-to-Sale (P/S) ratio is 13230.09 while its Price-to-Book (P/B) ratio in mrq is 14.40. Its current Enterprise Value per Revenue stands at 12.39k whereas that against EBITDA is -25.19.
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 4.3834, while the 200-Day Moving Average is calculated to be 5.2660.
Shares Statistics:
The stock has traded on average 627.94K shares per day over the past 3-months and 651.85k shares per day over the last 10 days, according to various share statistics. 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 Mar 15, 2024 were 19.91M with a Short Ratio of 31.71, compared to 20.98M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 16.71% and a Short% of Float of 16.79%.
Earnings Estimates
Its stock is currently analyzed by 0 different market analysts. 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.
