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After finishing at $3.70 in the prior trading day, Lightwave Logic Inc (NASDAQ: LWLG) closed at $2.96, down -20.00%. In other words, the price has decreased by -$20.00 from its previous closing price. On the day, 2.27 million shares were traded. LWLG stock price reached its highest trading level at $3.43 during the session, while it also had its lowest trading level at $2.795.
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 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:
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.
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 446649216 and an Enterprise Value of 338145920. For the stock, the TTM Price-to-Sale (P/S) ratio is 3248.36 while its Price-to-Book (P/B) ratio in mrq is 10.74. Its current Enterprise Value per Revenue stands at 2987.419 whereas that against EBITDA is -15.484.
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 -3.74%, while the 200-Day Moving Average is calculated to be -16.17%.
Shares Statistics:
The stock has traded on average 631.96K shares per day over the past 3-months and 787500 shares per day over the last 10 days, according to various share statistics. 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 27.12% stake in the company. Shares short for LWLG as of 1730332800 were 20920360 with a Short Ratio of 33.10, compared to 1727654400 on 21735562. Therefore, it implies a Short% of Shares Outstanding of 20920360 and a Short% of Float of 17.43.
