Lightwave Logic Inc (NASDAQ:LWLG) currently has a daily average trading volume of 583.22K but it saw 1780513 shares traded in last market. With a market cap of 352.50M USD, the company’s current market price of $2.92 came rising about 8.15 while comparing to the previous closing price of $2.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.69 and as low as $2.43. In the recent trading on the day, stock has struck highest price mark of $2.65 while lowest mark touched by it was $3.14.
Taking a look at 20-day trading activity of Lightwave Logic Inc (LWLG) gives us an average price of $2.78, while its current price level is -48.68% below from 52-week high level whereas it is 19.92% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.76 while that of 200 days or SMA-200 reads an average of $3.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.66% during that period while stretching the period over a month that decreases to 6.30%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 55.27 which implies that the stock is in neutral territory.
Over the week, LWLG’s stock price is moving 8.55% up while it is 11.88% when we observe its performance for the past one month. Year-to-date it is -41.37% down and over the past year, the stock is showing a downside performance of -42.75%.
Currently, Lightwave Logic Inc’s total number of outstanding shares is 120.72M. Company’s return on investment (ROI) stands at -56.92% and return on equity (ROE) at -60.23%. Stock’s beta reads 2.03. Stock has a price to book (P/B) ratio of 9.89 while price to sale or P/S ratio amounts to 3916.69. Its return on asset (ROA) is -54.27% on average.
