Lightwave Logic (LWLG) Stock Price, News & Analysis

Company Overview

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. It also offers electro-optic modulators, which converts data from electric signals to optical signals for transmission over fiber-optic cables; and polymer photonic integrated circuits, a photonic device, which integrates various photonic functions on a single chip. In addition, the company provides the ridge waveguide modulator, a modulator that fabricates the waveguide within a layer of its electro-optic polymer system. It focuses on selling its products to electro-optic device manufacturers, contract manufacturers, original equipment manufacturers, foundries, packaging and assembly manufacturers, etc.; and semiconductor companies, optical network companies, Web 2.0/3.0 media companies, computing companies, telecommunications companies, aerospace companies, automotive companies, and government agencies and defense entities. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.

Key Stats

• Today's Range: $2.85 to $3.07
• 50-Day Range: $2.55 to $4.07
• 52-Week Range: $2.43 to $5.69
• Volume: 953,596 shs
• Average Volume: 787,398 shs
• Market Capitalization: $352.43 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Lightwave Logic Stock Analysis - MarketRank™

Lightwave Logic scored higher than 2% of companies evaluated by MarketBeat, and ranked 190th out of 190 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Lightwave Logic.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Lightwave Logic is -16.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lightwave Logic is -16.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Lightwave Logic has a P/B Ratio of 10.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

17.44% of the float of Lightwave Logic has been sold short.

Short Interest Ratio / Days to Cover

Lightwave Logic has a short interest ratio ("days to cover") of 32.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Lightwave Logic has recently decreased by 2.74%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Lightwave Logic does not currently pay a dividend.

Dividend Growth

Lightwave Logic does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

17.44% of the float of Lightwave Logic has been sold short.

Short Interest Ratio / Days to Cover

Lightwave Logic has a short interest ratio ("days to cover") of 32.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Lightwave Logic has recently decreased by 2.74%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.65

News Sentiment

Lightwave Logic has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Lightwave Logic this week, compared to 0 articles on an average week.

MarketBeat Follows

20 people have added Lightwave Logic to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Lightwave Logic insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.30% of the stock of Lightwave Logic is held by insiders.

Percentage Held by Institutions

Only 27.04% of the stock of Lightwave Logic is held by institutions.

LWLG Stock Analysis - Frequently Asked Questions

How have LWLG shares performed this year?

Lightwave Logic's stock was trading at $4.98 at the beginning of the year. Since then, LWLG shares have decreased by 42.2% and is now trading at $2.88.
View the best growth stocks for 2024 here.

How were Lightwave Logic's earnings last quarter?

Lightwave Logic, Inc. (NASDAQ:LWLG) announced its quarterly earnings data on Monday, May, 15th. The company reported ($0.02) earnings per share (EPS) for the quarter. Lightwave Logic had a negative net margin of 19,416.81% and a negative trailing twelve-month return on equity of 61.49%.

Who are Lightwave Logic's major shareholders?

Top institutional shareholders of Lightwave Logic include Geode Capital Management LLC (2.32%), State Street Corp (2.19%), Charles Schwab Investment Management Inc. (0.85%) and Financial Advocates Investment Management (0.25%).
View institutional ownership trends.

How do I buy shares of Lightwave Logic?

Shares of LWLG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Lightwave Logic own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lightwave Logic investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Home Depot (HD) and Netflix (NFLX).

Company Calendar

• Last Earnings: 5/15/2017
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Basic Materials
• Industry: Miscellaneous plastics products
• Sub-Industry: Rubber And Plastic Products
• Current Symbol: NASDAQ:LWLG
• CUSIP: N/A
• CIK: 1325964
• Web: lightwavelogic.com
• Phone: 720-340-4949
• Fax: 302-356-2737
• Employees: 33
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.18)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-21,040,000.00
• Net Margins: -19,416.81%
• Pretax Margin: -19,415.93%
• Return on Equity: -61.49%
• Return on Assets: -54.66%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 24.48
• Quick Ratio: 20.08

Sales & Book Value

• Annual Sales: $40,000.00
• Price / Sales: 8,810.64
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.27 per share
• Price / Book: 10.67

Miscellaneous

• Outstanding Shares: 122,370,000
• Free Float: 115,887,000
• Market Cap: $352.43 million
• Optionable: Optionable
• Beta: 2.00