During the last session, Lightwave Logic Inc (NASDAQ:LWLG)’s traded shares were 0.59 million, with the beta value of the company hitting 2.00. At the end of the trading day, the stock’s price was $2.98, reflecting an intraday gain of 4.75% or $0.13. The 52-week high for the LWLG share is $5.69, that puts it down -90.94 from that peak though still a striking 18.46% gain since the share price plummeted to a 52-week low of $2.43. The company’s market capitalization is $364.67M, and the average intraday trading volume over the past 10 days was 0.9 million shares, and the average trade volume was 679.65K shares over the past three months.
Lightwave Logic Inc (NASDAQ:LWLG) trade information
Lightwave Logic Inc (LWLG) registered a 4.75% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.75% in intraday trading to $2.98, hitting a weekly high. The stock’s 5-day price performance is 3.47%, and it has moved by -13.87% in 30 days. Based on these gigs, the overall price performance for the year is -31.81%. The short interest in Lightwave Logic Inc (NASDAQ:LWLG) is 20.92 million shares and it means that shorts have 27.79 day(s) to cover.
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An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -19.24%.
LWLG Dividends
Lightwave Logic Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Lightwave Logic Inc (NASDAQ:LWLG)’s Major holders
Lightwave Logic Inc insiders own 0.65% of total outstanding shares while institutional holders control 27.93%, with the float percentage being 28.12%. VANGUARD GROUP INC is the largest shareholder of the company, while 164.0 institutions own stock in it. As of 2024-06-30, the company held over 9.23 million shares (or 7.7611% of all shares), a total value of $27.6 million in shares.
The next largest institutional holding, with 8.62 million shares, is of BLACKROCK INC.’s that is approximately 7.2479% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $25.78 million.
Also, the Mutual Funds coming in first place with the largest holdings of Lightwave Logic Inc (LWLG) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . Data provided on Jun 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 3.69 shares. This amounts to just over 3.42 percent of the company’s overall shares, with a $10.99 million market value. The same data shows that the other fund manager holds slightly less at 3.12, or about 2.90% of the stock, which is worth about $9.31 million.
