Now Is A Good Time To Buy Lightwave Logic Inc (NASDAQ: LWLG)

During the recent session, Lightwave Logic Inc (NASDAQ:LWLG)’s traded shares were 0.9 million, with the beta value of the company hitting 2.13. At the last check today, the stock’s price was $1.26, reflecting an intraday gain of 24.75% or $0.25. The 52-week high for the LWLG share is $4.82, that puts it down -282.54 from that peak though still a striking 22.22% gain since the share price plummeted to a 52-week low of $0.98. The company’s market capitalization is $157.25M, and the average intraday trading volume over the past 10 days was 0.75 million shares, and the average trade volume was 748.96K shares over the past three months.

Lightwave Logic Inc (NASDAQ:LWLG) trade information

Lightwave Logic Inc (LWLG) registered a 24.75% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 24.75% in intraday trading to $1.26, hitting a weekly high. The stock’s 5-day price performance is 21.15%, and it has moved by -3.08% in 30 days. Based on these gigs, the overall price performance for the year is -69.86%. The short interest in Lightwave Logic Inc (NASDAQ:LWLG) is 19.39 million shares and it means that shorts have 23.82 day(s) to cover.

LWLG Dividends

Lightwave Logic Inc is due to release its next quarterly earnings in April. 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 0.74% of total outstanding shares while institutional holders control 27.25%, with the float percentage being 27.46%. VANGUARD GROUP INC is the largest shareholder of the company, while 150.0 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 7.1738% 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 INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 3.79 shares. This amounts to just over 3.51 percent of the company’s overall shares, with a $4.75 million market value. The same data shows that the other fund manager holds slightly less at 3.08, or about 2.86% of the stock, which is worth about $3.87 million.