Lightwave Logic Inc (LWLG) Stock Trading Recap
On Monday, Lightwave Logic Inc (LWLG) stock saw a decline, ending the day at $2.76 which represents a decrease of $-0.19 or -6.44% from the prior close of $2.95. The stock opened at $2.95 and touched a low of $2.71 during the day, reaching a high of $2.99. The volume of shares traded was 0.76 million exceeding the average volume of 0.60 million.
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LWLG Stock Performance and Moving Averages
In recent trading, Lightwave Logic Inc (LWLG) stock price has shown some volatility, fluctuating -2.82% over the last five trades and -5.48% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -41.28%, and it has plunged by -4.83% in the previous three months. Currently, LWLG is trading at 0.80%, -5.15%, and -26.73% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, LWLG, a Basic Materials sector stock, is trading -51.49% below its 52-week high but remains 13.35% above its 52-week low. The Average True Range (ATR) (14 days) of 0.18 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Lightwave Logic Inc’s Profitability and Valuation Ratios
Lightwave Logic Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of -25273.85% and a profit margin of -24152.98%, with a gross margin of -41.28%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Lightwave Logic Inc’s market capitalization stands at $333.19 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. Additionally, the Price-to-Sales Ratio is 3702.08, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 9.35, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.66% of Lightwave Logic Inc (LWLG)’s shares, while financial institutions hold 26.86%.
Notable insider trades include LEONBERGER FREDERICK J, Director at Lightwave Logic Inc (LWLG), who sold 75000 shares on Dec 13 ’23, at $4.67 each, totaling $0.35 million. On Dec 06 ’23, Bucchi Ronald A, Director, sold 27000 shares for $4.75 each, amounting to $0.13 million.
