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How To Know If Lightwave Logic Inc (NASDAQ:LWLG) Is Expensive At $5.01.

In last trading session, Lightwave Logic Inc (NASDAQ:LWLG) saw 0.8 million shares changing hands with its beta currently measuring 2.04. Company’s recent per share price level of $5.01 trading at $0.38 or 8.21% at ring of the bell on the day assigns it a market valuation of $585.62M. That closing price of LWLG’s stock is at a discount of -83.23% from its 52-week high price of $9.18 and is indicating a premium of 24.35% from its 52-week low price of $3.79. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.51 million shares which gives us an average trading volume of 694.55K if we extend that period to 3-months.

Lightwave Logic Inc (NASDAQ:LWLG) trade information

Upright in the green during last session for gaining 8.21%, in the last five days LWLG remained trading in the green while hitting it’s week-highest on Friday, 02/09/24 when the stock touched $5.01 price level, adding 0.99% to its value on the day. Lightwave Logic Inc’s shares saw a change of 0.60% in year-to-date performance and have moved 8.68% in past 5-day. Lightwave Logic Inc (NASDAQ:LWLG) showed a performance of 17.33% in past 30-days. Number of shares sold short was 21.8 million shares which calculate 28.45 days to cover the short interests.

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Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -13.70% during past 5 years.

LWLG Dividends

Lightwave Logic Inc is more likely to be releasing its next quarterly report between February 28 and March 04 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Lightwave Logic Inc (NASDAQ:LWLG)’s Major holders

Insiders are in possession of 5.30% of company’s total shares while institution are holding 26.80 percent of that, with stock having share float percentage of 28.30%. Investors also watch the number of corporate investors in a company very closely, which is 26.80% institutions for Lightwave Logic Inc that are currently holding shares of the company. Vanguard Group Inc is the top institutional holder at LWLG for having 8.12 million shares of worth $40.69 million. And as of Sep 29, 2023, it was holding 7.54% of the company’s outstanding shares.

The second largest institutional holder is Blackrock Inc., which was holding about 7.95 million shares on Sep 29, 2023. The number of shares represents firm’s hold over 7.38% of outstanding shares, having a total worth of $39.84 million.

On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 29, 2023, the former fund manager was holding 3.32 million shares of worth $16.63 million or 3.08% of the total outstanding shares. The later fund manager was in possession of 3.12 million shares on Dec 30, 2023, making its stake of worth around $15.64 million in the company or a holder of 2.90% of company’s stock.

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