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Lightwave Logic Inc (NASDAQ: LWLG) closed the day trading at $1.72 down -4.44% from the previous closing price of $1.80. In other words, the price has decreased by -$4.44 from its previous closing price. On the day, 0.63 million shares were traded. LWLG stock price reached its highest trading level at $1.784 during the session, while it also had its lowest trading level at $1.7.
Ratios:
For a better understanding of LWLG, let’s 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.
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 210481568 and an Enterprise Value of 186403424. For the stock, the TTM Price-to-Sale (P/S) ratio is 1913.46 while its Price-to-Book (P/B) ratio in mrq is 6.24. Its current Enterprise Value per Revenue stands at 1646.819 whereas that against EBITDA is -8.78.
Stock Price History:
The Beta on a monthly basis for LWLG is 2.01, which has changed by -0.6178344 over the last 52 weeks, in comparison to a change of 0.21926713 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 -23.36%, while the 200-Day Moving Average is calculated to be -42.32%.
Shares Statistics:
Over the past 3-months, LWLG traded about 924.17K shares per day on average, while over the past 10 days, LWLG traded about 536930 shares per day. A total of 121.47M shares are outstanding, with a floating share count of 121.17M. Insiders hold about 0.98% of the company’s shares, while institutions hold 27.97% stake in the company. Shares short for LWLG as of 1736899200 were 19727984 with a Short Ratio of 21.35, compared to 1734048000 on 19890561. Therefore, it implies a Short% of Shares Outstanding of 19727984 and a Short% of Float of 16.209999.
