The stock of Lightwave Logic Inc (LWLG) has seen a -4.73% decrease in the past week, with a -14.13% drop in the past month, and a -10.09% decrease in the past quarter. The volatility ratio for the week is 5.96%, and the volatility levels for the past 30 days are at 4.89% for LWLG. The simple moving average for the past 20 days is -7.90% for LWLG’s stock, with a -23.52% simple moving average for the past 200 days.
Is It Worth Investing in Lightwave Logic Inc (NASDAQ: LWLG) Right Now?
The stock has a 36-month beta value of 2.13. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LWLG is 118.51M, and at present, short sellers hold a 16.84% of that float. On April 26, 2024, the average trading volume of LWLG was 611.48K shares.
LWLG) stock’s latest price update
The stock of Lightwave Logic Inc (NASDAQ: LWLG) has increased by 5.51 when compared to last closing price of 3.63.Despite this, the company has seen a loss of -4.73% in its stock price over the last five trading days. PRNewsWire reported 2024-03-15 that ENGLEWOOD, Colo., March 15, 2024 /PRNewswire/ — Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power in a small form factor, today announced that management has been invited to attend the 36th Annual ROTH Conference as well as the LD Micro Invitational, taking place March 18 th and April 9 th respectively.
LWLG Trading at -9.32% from the 50-Day Moving Average
After a stumble in the market that brought LWLG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -58.28% of loss for the given period.
Volatility was left at 4.89%, however, over the last 30 days, the volatility rate increased by 5.96%, as shares sank -18.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.01% lower at present.
During the last 5 trading sessions, LWLG fell by -4.60%, which changed the moving average for the period of 200-days by -48.38% in comparison to the 20-day moving average, which settled at $4.12. In addition, Lightwave Logic Inc saw -23.09% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LWLG starting from LEONBERGER FREDERICK J, who sale 75,000 shares at the price of $4.67 back on Dec 13 ’23. After this action, LEONBERGER FREDERICK J now owns 179,128 shares of Lightwave Logic Inc, valued at $350,528 using the latest closing price.
Bucchi Ronald A, the Director of Lightwave Logic Inc, sale 27,000 shares at $4.75 during a trade that took place back on Dec 06 ’23, which means that Bucchi Ronald A is holding 81,749 shares at $128,343 based on the most recent closing price.
Stock Fundamentals for LWLG
Current profitability levels for the company are sitting at:
- -10.64 for the present operating margin
- 0.08 for the gross margin
The net margin for Lightwave Logic Inc stands at -15.05. The total capital return value is set at -0.39. Equity return is now at value -65.76, with -59.22 for asset returns.
Based on Lightwave Logic Inc (LWLG), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -4.2. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is -47.78.
Currently, EBITDA for the company is -19.92 million with net debt to EBITDA at 1.43. When we switch over and look at the enterprise to sales, we see a ratio of 300.75. The receivables turnover for the company is 40.71for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 12.66.
Conclusion
To sum up, Lightwave Logic Inc (LWLG) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
