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NASDAQ:LWLG

Lightwave Logic (LWLG) Stock Price, News & Analysis

Lightwave Logic logo
$3.16
+0.01 (+0.32%)
(As of 11/1/2024 ET)

About Lightwave Logic Stock (NASDAQ:LWLG)

Key Stats

Today's Range
$3.11
$3.23
50-Day Range
$2.55
$4.07
52-Week Range
$2.43
$5.69
Volume
347,520 shs
Average Volume
657,513 shs
Market Capitalization
$381.46 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

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.

Lightwave Logic Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
0th Percentile Overall Score

LWLG MarketRank™: 

Lightwave Logic scored higher than 0% of companies evaluated by MarketBeat, and ranked 187th out of 189 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Lightwave Logic is -17.55, 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 -17.55, 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 10.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Lightwave Logic's valuation and earnings.
  • Percentage of Shares Shorted

    17.94% 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 33, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Lightwave Logic has recently decreased by 1.06%, indicating that investor sentiment is improving.
  • Dividend Yield

    Lightwave Logic does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    17.94% 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 33, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Lightwave Logic has recently decreased by 1.06%, indicating that investor sentiment is improving.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Lightwave Logic this week, compared to 0 articles on an average week.
  • Search Interest

    1 people have searched for LWLG on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 2 people have added Lightwave Logic to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • 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.

  • Read more about Lightwave Logic's insider trading history.
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LWLG Stock News Headlines

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See More Headlines

LWLG Stock Analysis - Frequently Asked Questions

Lightwave Logic's stock was trading at $4.98 on January 1st, 2024. Since then, LWLG shares have decreased by 36.5% and is now trading at $3.16.
View the best growth stocks for 2024 here
.

Lightwave Logic, Inc. (NASDAQ:LWLG) announced its quarterly earnings results on Friday, August, 9th. The company reported ($0.05) earnings per share (EPS) for the quarter. The company had revenue of $0.02 million for the quarter.

Lightwave Logic's top institutional investors include Financial Advocates Investment Management (0.25%), SG Americas Securities LLC (0.04%), Walkner Condon Financial Advisors LLC (0.03%) and Creative Planning (0.02%).
View institutional ownership trends
.

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.

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
8/09/2024
Today
11/02/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous plastics products
Sub-Industry
Rubber And Plastic Products
Current Symbol
NASDAQ:LWLG
Employees
33
Year Founded
N/A

Profitability

Net Income
$-21,040,000.00
Pretax Margin
-24,226.67%

Debt

Sales & Book Value

Annual Sales
$90,274.00
Book Value
$0.31 per share

Miscellaneous

Free Float
114,318,000
Market Cap
$381.46 million
Optionable
Optionable
Beta
2.00
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This page (NASDAQ:LWLG) was last updated on 11/2/2024 by MarketBeat.com Staff
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