Now Is The Time To Build A Position In Lightwave Logic Inc (NASDAQ:LWLG)

In the last trading session, 1.9 million Lightwave Logic Inc (NASDAQ:LWLG) shares changed hands as the company’s beta touched 2.03. With the company’s per share price at $4.06 changed hands at $0.15 or 3.84% during last session, the market valuation stood at $490.12M. LWLG’s last price was a discount, traded about -40.15% off its 52-week high of $5.69. The share price had its 52-week low at $2.43, which suggests the last value was 40.15% up since then. When we look at Lightwave Logic Inc’s average trading volume, we note the 10-day average is 1.0 million shares, with the 3-month average coming to 615.75K.

Lightwave Logic Inc (NASDAQ:LWLG) trade information

Instantly LWLG was in green as seen at the end of in last trading. With action 37.16%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -18.47%, with the 5-day performance at 37.16% in the green. However, in the 30-day time frame, Lightwave Logic Inc (NASDAQ:LWLG) is 45.00% up. Looking at the short shares, we see there were 21.74 million shares sold at short interest cover period of 37.99 days.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -19.24%.

LWLG Dividends

Lightwave Logic Inc is expected to release its next quarterly earnings report in November.

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

If we look at who the major shareholders are, we find that insiders hold 0.66% of Lightwave Logic Inc shares while 26.96% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 27.14%. There are 26.96% institutions holding the Lightwave Logic Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 7.7611% of the shares, roughly 9.23 million LWLG shares worth $27.6 million.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.2479% or 8.62 million shares worth $25.78 million as of 2024-06-30.

Among Mutual Funds, the top two as of Jun 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 3.69 shares estimated at $14.97 million under it, the former controlled 3.42% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.90% of the shares, roughly 3.12 shares worth around $12.68 million.