Lightwave Logic Inc (NASDAQ:LWLG) currently has a daily average trading volume of 895.86K but it saw 742900 shares traded in last market. With a market cap of 272.05M USD, the company’s current market price of $2.14 came rising about 3.88 while comparing to the previous closing price of $2.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.68 and as low as $1.75. In the recent trading on the day, stock has struck highest price mark of $1.98 while lowest mark touched by it was $2.15.
Taking a look at 20-day trading activity of Lightwave Logic Inc (LWLG) gives us an average price of $2.37, while its current price level is -62.32% below from 52-week high level whereas it is 22.29% 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 $2.94 while that of 200 days or SMA-200 reads an average of $3.26. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.59% during that period while stretching the period over a month that decreases to 11.99%. 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 42.62 which implies that the stock is in neutral territory.
Over the week, LWLG’s stock price is moving 1.90% up while it is -27.85% when we observe its performance for the past one month. Year-to-date it is -56.83% down and over the past year, the stock is showing a downside performance of -60.19%.
Currently, Lightwave Logic Inc’s total number of outstanding shares is 121.47M. Company’s return on investment (ROI) stands at -60.75% and return on equity (ROE) at -63.69%. Stock’s beta reads 2.02. Stock has a price to book (P/B) ratio of 7.77 while price to sale or P/S ratio amounts to 2473.18. Its return on asset (ROA) is -57.48% on average.
