In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
As of close of business last night, Lightwave Logic Inc’s stock clocked out at $1.95, up 2.63% from its previous closing price of $1.90. In other words, the price has increased by $2.63 from its previous closing price. On the day, 0.54 million shares were traded. LWLG stock price reached its highest trading level at $2.0 during the session, while it also had its lowest trading level at $1.8525.
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 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.
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 238627360 and an Enterprise Value of 214549200. For the stock, the TTM Price-to-Sale (P/S) ratio is 2169.35 while its Price-to-Book (P/B) ratio in mrq is 7.08. Its current Enterprise Value per Revenue stands at 1895.478 whereas that against EBITDA is -10.106.
Stock Price History:
The Beta on a monthly basis for LWLG is 2.06, which has changed by -0.5128205 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, LWLG has reached a high of $5.30, while it has fallen to a 52-week low of $1.68. The 50-Day Moving Average of the stock is -25.24%, while the 200-Day Moving Average is calculated to be -37.87%.
Shares Statistics:
It appears that LWLG traded 994.02K shares on average per day over the past three months and 1066550 shares per day over the past ten days. A total of 121.47M shares are outstanding, with a floating share count of 121.20M. Insiders hold about 0.96% of the company’s shares, while institutions hold 27.93% stake in the company. Shares short for LWLG as of 1735603200 were 19382078 with a Short Ratio of 19.50, compared to 1732838400 on 19341681. Therefore, it implies a Short% of Shares Outstanding of 19382078 and a Short% of Float of 15.93.
