Lightwave Logic Inc (NASDAQ:LWLG) currently has a daily average trading volume of 890.62K but it saw 1214825 shares traded in last market. With a market cap of 210.48M USD, the company’s current market price of $1.72 came rising about 10.97 while comparing to the previous closing price of $1.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.82 and as low as $1.40.
Taking a look at 20-day trading activity of Lightwave Logic Inc (LWLG) gives us an average price of $1.7515, while its current price level is -64.32% below from 52-week high level whereas it is 22.86% 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 $1.9869 while that of 200 days or SMA-200 reads an average of $2.8600. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.64% during that period while stretching the period over a month that decreases to 7.23%. 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 45.78 which implies that the stock is in neutral territory.
Over the week, LWLG’s stock price is moving 8.18% up while it is -7.53% when we observe its performance for the past one month. Year-to-date it is -18.10% down and over the past year, the stock is showing a downside performance of -64.39%.
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 27.86% 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 2.03. Stock has a price to book (P/B) ratio of 6.24 while price to sale or P/S ratio amounts to 1913.49. Its return on asset (ROA) is -57.48% on average.
