In the latest session, Lightwave Logic Inc (NASDAQ: LWLG) closed at $4.26 down -2.29% from its previous closing price of $4.36. In other words, the price has decreased by -$0.1000 from its previous closing price. On the day, 602739 shares were traded.
Ratios:
For a deeper understanding of Lightwave Logic Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 507.73M and an Enterprise Value of 479.21M. For the stock, the TTM Price-to-Sale (P/S) ratio is 12693.74 while its Price-to-Book (P/B) ratio in mrq is 13.81. Its current Enterprise Value per Revenue stands at 11.83k whereas that against EBITDA is -24.05.
Stock Price History:
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 4.3840, while the 200-Day Moving Average is calculated to be 5.1868.
Shares Statistics:
For the past three months, LWLG has traded an average of 609.18K shares per day and 604.86k over the past ten days. A total of 119.19M shares are outstanding, with a floating share count of 118.50M. Insiders hold about 0.58% of the company’s shares, while institutions hold 27.16% stake in the company. Shares short for LWLG as of Mar 15, 2024 were 19.91M with a Short Ratio of 32.69, compared to 20.98M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 16.71% and a Short% of Float of 16.79%.
