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The closing price of Lightwave Logic Inc (NASDAQ: LWLG) was $1.89 for the day, down -4.06% from the previous closing price of $1.97. In other words, the price has decreased by -$4.06 from its previous closing price. On the day, 0.72 million shares were traded. LWLG stock price reached its highest trading level at $1.93 during the session, while it also had its lowest trading level at $1.8.
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 231284976 and an Enterprise Value of 216996656. For the stock, the TTM Price-to-Sale (P/S) ratio is 2102.55 while its Price-to-Book (P/B) ratio in mrq is 6.86. Its current Enterprise Value per Revenue stands at 1917.101 whereas that against EBITDA is -10.221.
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 $1.68. The 50-Day Moving Average of the stock is -20.20%, while the 200-Day Moving Average is calculated to be -37.80%.
Shares Statistics:
LWLG traded an average of 917.47K shares per day over the past three months and 821330 shares per day over the past ten days. 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 27.96% stake in the company. Shares short for LWLG as of 1735603200 were 19382078 with a Short Ratio of 21.13, compared to 1732838400 on 19341681. Therefore, it implies a Short% of Shares Outstanding of 19382078 and a Short% of Float of 15.93.