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Lightwave Logic Inc (NASDAQ: LWLG) closed the day trading at $2.79 down -2.79% from the previous closing price of $2.87. In other words, the price has decreased by -$2.79 from its previous closing price. On the day, 0.72 million shares were traded. LWLG stock price reached its highest trading level at $2.94 during the session, while it also had its lowest trading level at $2.7601.
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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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.
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 341420672 and an Enterprise Value of 317342496. For the stock, the TTM Price-to-Sale (P/S) ratio is 3181.42 while its Price-to-Book (P/B) ratio in mrq is 10.13. Its current Enterprise Value per Revenue stands at 2803.627 whereas that against EBITDA is -14.948.
Stock Price History:
Over the past 52 weeks, LWLG has reached a high of $5.69, while it has fallen to a 52-week low of $2.43. The 50-Day Moving Average of the stock is -10.63%, while the 200-Day Moving Average is calculated to be -18.43%.
Shares Statistics:
Over the past 3-months, LWLG traded about 730.08K shares per day on average, while over the past 10 days, LWLG traded about 921040 shares per day. A total of 122.37M shares are outstanding, with a floating share count of 121.57M. Insiders hold about 0.66% of the company’s shares, while institutions hold 27.88% stake in the company. Shares short for LWLG as of 1731628800 were 20730616 with a Short Ratio of 28.39, compared to 1728950400 on 21514757. Therefore, it implies a Short% of Shares Outstanding of 20730616 and a Short% of Float of 17.03.
