Stocks of Lightwave Logic Inc (NASDAQ:LWLG) traded higher last session on Wall Street, down -3.76% to $3.33.
LWLG stock price is now -9.11% away from the 50-day moving average and -24.25% away from the 200-day moving average. The market capitalization of the company currently stands at $399.90M.
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In other news, LEONBERGER FREDERICK J, Director sold 75,000 shares of the company’s stock on Dec 13 ’23. The stock was sold for $350,528 at an average price of $4.67. Upon completion of the transaction, the Director now directly owns 179,128 shares in the company, valued at $0.6 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 06 ’23, Director Bucchi Ronald A sold 27,000 shares of the business’s stock. A total of $128,343 was realized by selling the stock at an average price of $4.75. This leaves the insider owning 81,749 shares of the company worth $0.27 million. A total of 0.56% of the company’s stock is owned by insiders.
During the past 12 months, Lightwave Logic Inc has had a low of $2.43 and a high of $9.05. As of last week, the company has a debt-to-equity ratio of 0.08, a current ratio of 17.81, and a quick ratio of 17.76. The fifty day moving average price for LWLG is $3.6432 and a two-hundred day moving average price translates $4.38115 for the stock.
The latest earnings results from Lightwave Logic Inc (NASDAQ: LWLG) was released for 2024-03-31. The net profit margin was -29952.38% and return on equity was -63.38% for LWLG.
