In the last trading session, 1.05 million Lightwave Logic Inc (NASDAQ:LWLG) shares changed hands as the company’s beta touched 2.04. With the company’s per share price at $2.06 changed hands at $0.1 or 5.10% during last session, the market valuation stood at $270.00M. LWLG’s last price was a discount, traded about -175.73% off its 52-week high of $5.68. The share price had its 52-week low at $1.75, which suggests the last value was 15.05% up since then. When we look at Lightwave Logic Inc’s average trading volume, we note the 10-day average is 1.58 million shares, with the 3-month average coming to 890.99K.
Lightwave Logic Inc (NASDAQ:LWLG) trade information
Instantly LWLG was in green as seen at the end of in last trading. With action -7.21%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -58.63%, with the 5-day performance at -7.21% in the red. However, in the 30-day time frame, Lightwave Logic Inc (NASDAQ:LWLG) is -27.59% down. Looking at the short shares, we see there were 19.34 million shares sold at short interest cover period of 23.57 days.
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 January.
Lightwave Logic Inc (NASDAQ:LWLG)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.71% of Lightwave Logic Inc shares while 27.79% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 27.99%. There are 27.79% 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.
