In the last trading session, 2.82 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 $1.94 changed hands at -$0.27 or -12.22% during last session, the market valuation stood at $237.40M. LWLG’s last price was a discount, traded about -173.2% off its 52-week high of $5.30. The share price had its 52-week low at $1.75, which suggests the last value was 9.79% up since then. When we look at Lightwave Logic Inc’s average trading volume, we note the 10-day average is 1.05 million shares, with the 3-month average coming to 959.01K.
Lightwave Logic Inc (NASDAQ:LWLG) trade information
Instantly LWLG was in red as seen at the end of in last trading. With action -10.19%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -7.62%, with the 5-day performance at -10.19% in the red. However, in the 30-day time frame, Lightwave Logic Inc (NASDAQ:LWLG) is -30.71% down. Looking at the short shares, we see there were 19.89 million shares sold at short interest cover period of 18.78 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 February.
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 27.81% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 28.01%. There are 27.81% 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.
