Lightwave Logic Inc (NASDAQ:LWLG) has a beta value of -79.00% and has seen 862.47 shares traded in the last trading session. The company, currently valued at $152.55M, closed the last trade at $1.28 per share which meant it lost -$1.43 on the day or 1.22% during that session. The LWLG stock price is -230.47% off its 52-week high price of $4.23 and 38.28% above the 52-week low of $0.79. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.06 million shares traded. The 3-month trading volume is 1.31 shares.
Lightwave Logic Inc (NASDAQ:LWLG) trade information
Sporting 1.22% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the LWLG stock price touched $1.28 or saw a rise of 5.54%. Year-to-date, Lightwave Logic Inc shares have moved -64.74%, while the 5-day performance has seen it change -8.96%. Over the past 30 days, the shares of Lightwave Logic Inc (NASDAQ:LWLG) have changed 6.09%. Short interest in the company has seen 21.21 million shares shorted with days to cover at 23.49.
Lightwave Logic Inc (LWLG) estimates and forecasts
The company’s shares have lost -45.05% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -1.81% -18.26% over the past 5 years.
LWLG Dividends
Lightwave Logic Inc is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Lightwave Logic Inc (NASDAQ:LWLG)’s Major holders
The top two institutional holders are VANGUARD GROUP INC with over 9.23 million shares worth more than $27.6 million. As of 2024-06-30, VANGUARD GROUP INC held 7.6818% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 8.62 million shares as of 2024-06-30. The firm’s total holdings are worth over $25.78 million and represent 7.1738% of shares outstanding.
