In last trading session, Lightwave Logic Inc (NASDAQ:LWLG) saw 0.42 million shares changing hands with its beta currently measuring 1.98. Company’s recent per share price level of $2.93 trading at $0.13 or 4.64% at ring of the bell on the day assigns it a market valuation of $358.55M. That closing price of LWLG’s stock is at a discount of -94.2% from its 52-week high price of $5.69 and is indicating a premium of 17.06% from its 52-week low price of $2.43. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.97 million shares which gives us an average trading volume of 725.86K if we extend that period to 3-months.
Lightwave Logic Inc (NASDAQ:LWLG) trade information
Upright in the green during last session for gaining 4.64%, in the last five days LWLG remained trading in the green while hitting it’s week-highest on Monday, 11/25/24 when the stock touched $2.93 price level, adding 4.25% to its value on the day. Lightwave Logic Inc’s shares saw a change of -41.16% in year-to-date performance and have moved 2.99% in past 5-day. Lightwave Logic Inc (NASDAQ:LWLG) showed a performance of -13.06% in past 30-days. Number of shares sold short was 20.73 million shares which calculate 23.24 days to cover the short interests.
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 -19.24% during past 5 years.
Lightwave Logic Inc (NASDAQ:LWLG)’s Major holders
Insiders are in possession of 0.65% of company’s total shares while institution are holding 27.93 percent of that, with stock having share float percentage of 28.12%. Investors also watch the number of corporate investors in a company very closely, which is 27.93% 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 9.23 million shares of worth $27.6 million. And as of 2024-06-30, it was holding 7.7611 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 8.62 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.2479 of outstanding shares, having a total worth of $25.78 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 Jun 30, 2024 , the former fund manager was holding 3.69 shares of worth $10.58 million or 3.42% of the total outstanding shares. The later fund manager was in possession of 3.21 shares on Aug 31, 2024 , making its stake of worth around $9.22 million in the company or a holder of 2.98% of company’s stock.
