The 36-month beta value for LWLG is also noteworthy at 2.03. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for LWLG is 119.92M, and at present, short sellers hold a 18.13% of that float. The average trading volume of LWLG on October 23, 2024 was 639.73K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
LWLG) stock’s latest price update
The stock price of Lightwave Logic Inc (NASDAQ: LWLG) has dropped by -14.25 compared to previous close of 4.07. Despite this, the company has seen a gain of 17.91% in its stock price over the last five trading days. prnewswire.com reported 2024-09-24 that Demonstration Combines Polariton’s High-Speed Plasmonic Modulators with Lightwave’s Perkinamine™ Chromophores in a Packaged Device ENGLEWOOD, Colo. and ADLISWIL, Switzerland, Sept.
LWLG’s Market Performance
Lightwave Logic Inc (LWLG) has seen a 17.91% rise in stock performance for the week, with a 22.89% gain in the past month and a -2.24% plunge in the past quarter. The volatility ratio for the week is 12.88%, and the volatility levels for the past 30 days are at 7.95% for LWLG. The simple moving average for the past 20 days is 13.90% for LWLG’s stock, with a -3.03% simple moving average for the past 200 days.
LWLG Trading at 21.70% 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 -38.66% of loss for the given period.
Volatility was left at 7.95%, however, over the last 30 days, the volatility rate increased by 12.88%, as shares surge +15.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +37.94% upper at present.
During the last 5 trading sessions, LWLG rose by +17.91%, which changed the moving average for the period of 200-days by -20.68% in comparison to the 20-day moving average, which settled at $3.06. In addition, Lightwave Logic Inc saw -29.92% 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:
- -20.23 for the present operating margin
- -0.92 for the gross margin
The net margin for Lightwave Logic Inc stands at -26.42. The total capital return value is set at -0.44. Equity return is now at value -60.23, with -54.27 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 -4.95.
Currently, EBITDA for the company is -19.92 million with net debt to EBITDA at 1.24. When we switch over and look at the enterprise to sales, we see a ratio of 478.59. The receivables turnover for the company is 102.32for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 20.08.
Conclusion
In summary, Lightwave Logic Inc (LWLG) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
