Lightwave Logic (NASDAQ:LWLG - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported ($0.05) earnings per share for the quarter, Zacks reports. The company had revenue of $0.02 million for the quarter. Lightwave Logic had a negative return on equity of 61.49% and a negative net margin of 19,416.81%.
Lightwave Logic Stock Performance
LWLG traded up $0.03 during trading on Friday, reaching $1.04. The company's stock had a trading volume of 995,429 shares, compared to its average volume of 734,833. The company's fifty day moving average price is $1.54 and its 200-day moving average price is $2.35. The company has a market capitalization of $127.27 million, a price-to-earnings ratio of -5.78 and a beta of 2.08. Lightwave Logic has a 52-week low of $1.00 and a 52-week high of $4.82.
Lightwave Logic Company Profile
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Lightwave Logic, Inc focuses on the development of photonic devices and electro-optical polymer materials systems for fiber-optic data communications, telecommunications, and optical computing markets in the United States. The company is involved in the designing and synthesizing of organic chromophores for use in its electro-optic polymer systems and photonic device designs.
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