Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Lightwave Logic Inc (NASDAQ: LWLG) closed the day trading at $3.86 down -3.98% from the previous closing price of $4.02. In other words, the price has decreased by $-3.98 from its previous closing price. On the day, 0.68 million shares were traded. LWLG stock price reached its highest trading level at $4.0497 during the session, while it also had its lowest trading level at $3.86.
Ratios:
For a better understanding of LWLG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.48 and its Current Ratio is at 12.66. 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. 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 461656000 and an Enterprise Value of 431532256. For the stock, the TTM Price-to-Sale (P/S) ratio is 11501.83 while its Price-to-Book (P/B) ratio in mrq is 12.52. Its current Enterprise Value per Revenue stands at 10654.591 whereas that against EBITDA is -20.767.
Stock Price History:
The Beta on a monthly basis for LWLG is 2.12, which has changed by -0.09813082 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. Over the past 52 weeks, LWLG has reached a high of $9.18, while it has fallen to a 52-week low of $3.79. The 50-Day Moving Average of the stock is -10.53%, while the 200-Day Moving Average is calculated to be -23.89%.
Shares Statistics:
Over the past 3-months, LWLG traded about 598.37K shares per day on average, while over the past 10 days, LWLG traded about 681630 shares per day. A total of 119.19M shares are outstanding, with a floating share count of 118.51M. Insiders hold about 0.57% of the company’s shares, while institutions hold 27.15% stake in the company. Shares short for LWLG as of 1711584000 were 19892741 with a Short Ratio of 33.24, compared to 1709164800 on 20824373. Therefore, it implies a Short% of Shares Outstanding of 19892741 and a Short% of Float of 16.770001.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
