Market Momentum Report: Lightwave Logic Inc (LWLG)’s Positive Close at 3.08

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The price of Lightwave Logic Inc (NASDAQ: LWLG) closed at $3.08 in the last session, up 0.65% from day before closing price of $3.06. In other words, the price has increased by $0.65 from its previous closing price. On the day, 1.07 million shares were traded. LWLG stock price reached its highest trading level at $3.1 during the session, while it also had its lowest trading level at $3.0.


We take a closer look at LWLG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 17.76 and its Current Ratio is at 17.81. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 369889504 and an Enterprise Value of 341258080. For the stock, the TTM Price-to-Sale (P/S) ratio is 5283.96 while its Price-to-Book (P/B) ratio in mrq is 9.92. Its current Enterprise Value per Revenue stands at 4811.942 whereas that against EBITDA is -16.193.

Stock Price History:

Over the past 52 weeks, LWLG has reached a high of $9.05, while it has fallen to a 52-week low of $2.43. The 50-Day Moving Average of the stock is -14.90%, while the 200-Day Moving Average is calculated to be -29.46%.

Shares Statistics:

According to the various share statistics, LWLG traded on average about 727.95K shares per day over the past 3-months and 1084170 shares per day over the past 10 days. A total of 120.09M shares are outstanding, with a floating share count of 119.42M. Insiders hold about 0.56% of the company’s shares, while institutions hold 26.26% stake in the company. Shares short for LWLG as of 1715731200 were 20621368 with a Short Ratio of 27.80, compared to 1713139200 on 19958549. Therefore, it implies a Short% of Shares Outstanding of 20621368 and a Short% of Float of 17.27.

Most Popular