The closing price of Lightwave Logic Inc (NASDAQ: LWLG) was $4.00 for the day, up 1.27% from the previous closing price of $3.95. On the day, 502046 shares were traded.
Ratios:
Our analysis of LWLG’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 11919.00 while its Price-to-Book (P/B) ratio in mrq is 12.97.
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.
Shares Statistics:
A total of 119.19M shares are outstanding, with a floating share count of 118.51M. Insiders hold about 0.57% of the company’s shares, while institutions hold 27.16% stake in the company.
Earnings Estimates
The firm’s stock currently is rated by Lightwave Logic, Inc. analysts. The consensus estimate for the next quarter is $24.83, with high estimates of $26.06 and low estimates of $43.71.
EPS for the following year is $Stocks, with Stocks analysts recommending between $Stocks and $ETF.
