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The closing price of Lightwave Logic Inc (NASDAQ: LWLG) was $2.34 for the day, down -1.27% from the previous closing price of $2.37. In other words, the price has decreased by -$1.27 from its previous closing price. On the day, 0.57 million shares were traded. LWLG stock price reached its highest trading level at $2.47 during the session, while it also had its lowest trading level at $2.33.
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 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 286352800 and an Enterprise Value of 262274672. For the stock, the TTM Price-to-Sale (P/S) ratio is 2603.17 while its Price-to-Book (P/B) ratio in mrq is 8.49. Its current Enterprise Value per Revenue stands at 2317.119 whereas that against EBITDA is -12.354.
Stock Price History:
Over the past 52 weeks, LWLG has reached a high of $5.30, while it has fallen to a 52-week low of $1.75. The 50-Day Moving Average of the stock is -14.04%, while the 200-Day Moving Average is calculated to be -26.52%.
Shares Statistics:
LWLG traded an average of 950.33K shares per day over the past three months and 976390 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 27.90% stake in the company. Shares short for LWLG as of 1734048000 were 19890561 with a Short Ratio of 20.93, compared to 1731628800 on 20730616. Therefore, it implies a Short% of Shares Outstanding of 19890561 and a Short% of Float of 16.34.
