As on Thursday, Lightwave Logic Inc (NASDAQ: LWLG) got off with the flyer as it spiked 0.24% to $4.10, before settling in for the price of $4.09 at the close. Taking a more long-term approach, LWLG posted a 52-week range of $3.79-$9.18.
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It was noted that the giant of the Basic Materials sector posted annual sales growth of 0.00% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -19.24%. This publicly-traded company’s shares outstanding now amounts to $119.19 million, simultaneously with a float of $118.51 million. The organization now has a market capitalization sitting at $488.68 million. At the time of writing, stock’s 50-day Moving Average stood at $4.33, while the 200-day Moving Average is $5.09.
Lightwave Logic Inc (LWLG) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Specialty Chemicals industry. Lightwave Logic Inc’s current insider ownership accounts for 0.57%, in contrast to 27.16% institutional ownership. According to the most recent insider trade that took place on Dec 13 ’23, this organization’s Director sold 75,000 shares at the rate of 4.67, making the entire transaction reach 350,528 in total value, affecting insider ownership by 179,128. Preceding that transaction, on Dec 06 ’23, Company’s Director sold 27,000 for 4.75, making the whole transaction’s value amount to 128,343. This particular insider is now the holder of 81,749 in total.
Lightwave Logic Inc (LWLG) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 24.83 per share during the current fiscal year.
Lightwave Logic Inc (NASDAQ: LWLG) Trading Performance Indicators
Let’s observe the current performance indicators for Lightwave Logic Inc (LWLG). It’s Quick Ratio in the last reported quarter now stands at 12.48. The Stock has managed to achieve an average true range (ATR) of 0.21. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 12216.97.
In the same vein, LWLG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.18.
Technical Analysis of Lightwave Logic Inc (LWLG)
Through scrutinizing the latest numbers posted by the [Lightwave Logic Inc, LWLG], it can be observed that its last 5-days Average volume of 0.7 million was better the volume of 0.63 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 31.04% While, its Average True Range was 0.20.
Raw Stochastic average of Lightwave Logic Inc (LWLG) in the period of the previous 100 days is set at 16.32%, which indicates a major fall in contrast to 24.21% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 33.87% that was lower than 63.53% volatility it exhibited in the past 100-days period.
