Lightwave Logic Inc (NASDAQ:LWLG) currently has a daily average trading volume of 908.52K but it saw 1490395 shares traded in last market. With a market cap of 173.77M USD, the company’s current market price of $1.42 came falling about -8.97 while comparing to the previous closing price of $1.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.96 and as low as $1.52. In the recent trading on the day, stock has struck highest price mark of $1.41 while lowest mark touched by it was $1.59.
Taking a look at 20-day trading activity of Lightwave Logic Inc (LWLG) gives us an average price of $1.7995, while its current price level is -71.37% below from 52-week high level whereas it is -6.58% 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 $2.0561 while that of 200 days or SMA-200 reads an average of $2.8937. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.31% during that period while stretching the period over a month that decreases to 6.89%. 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 26.29 which implies that the stock is in oversold territory.
Over the week, LWLG’s stock price is moving -20.67% down while it is -27.18% when we observe its performance for the past one month. Year-to-date it is -32.38% down and over the past year, the stock is showing a downside performance of -72.59%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Lightwave Logic Inc’s total number of outstanding shares is 121.47M with 0.72% of that held by the insiders while 27.57% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -60.75% and return on equity (ROE) at -63.69%. Stock’s beta reads 2.05. Stock has a price to book (P/B) ratio of 5.15 while price to sale or P/S ratio amounts to 1579.71. Its return on asset (ROA) is -57.48% on average.
