At the end of the latest market close, Lightwave Logic Inc. (LWLG) was valued at $8.36. In that particular session, Stock kicked-off at the price of $8.37 while reaching the peak value of $8.835 and lowest value recorded on the day was $8.35. The stock current value is $8.76.Recently in News on November 17, 2022, Lightwave Logic Announces Issuance of U.S. Patent for Novel Hybrid Silicon Photonics Polymer Modulator Fabrication Process. Company Secures Patent Issuance for Previously Announced Patent Application for Novel Fabrication Process to Advance High-Volume Foundry Potential; Enables Stable, High Yielding Poling of Polymer Devices with Silicon Photonics Circuits . You can read further details here
Lightwave Logic Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $16.79 on 01/04/22, with the lowest value was $5.39 for the same time period, recorded on 06/13/22.
Lightwave Logic Inc. (LWLG) full year performance was -32.92%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Lightwave Logic Inc. shares are logging -56.85% during the 52-week period from high price, and 62.52% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $5.39 and $20.30.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 390942 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Lightwave Logic Inc. (LWLG) recorded performance in the market was -41.13%, having the revenues showcasing -18.36% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.02B, as it employees total of 19 workers.
Market experts do have their say about Lightwave Logic Inc. (LWLG)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 8.73, with a change in the price was noted +2.15. In a similar fashion, Lightwave Logic Inc. posted a movement of +32.53% for the period of last 100 days, recording 703,727 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for LWLG is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical breakdown of Lightwave Logic Inc. (LWLG)
Raw Stochastic average of Lightwave Logic Inc. in the period of last 50 days is set at 75.80%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 68.01%. In the last 20 days, the company’s Stochastic %K was 57.90% and its Stochastic %D was recorded 58.01%.
Bearing in mind the latest performance of Lightwave Logic Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -41.13%. Additionally, trading for the stock in the period of the last six months notably improved by 21.67%, alongside a downfall of -32.92% for the period of the last 12 months. The shares increased approximately by 0.69% in the 7-day charts and went down by 19.18% in the period of the last 30 days. Common stock shares were lifted by -18.36% during last recorded quarter.