Investing In Lightwave Logic Inc (NASDAQ: LWLG): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed Lightwave Logic Issues Shareholder Letter and Provides Corporate Update.

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Stocks Info

The company is listed on the NASDAQ and operates within the Specialty Chemicals industry segment. The current market capitalization of Lightwave Logic Inc is $515.48M. A total of 0.61 million shares were traded on the day, compared to an average of 691.20K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, LWLG has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 10 BUYs and 4 SELLs from insiders. Insiders purchased 398,616 shares during that period but sold 233,625.

In the most recent transaction, LEONBERGER FREDERICK J sold 75,000 shares of LWLG for 4.67 per share on Dec 13. After the transaction, the Director now owns 179,128 company shares. In a previous transaction on Dec 06, Bucchi Ronald A sold 27,000 shares at 4.75 per share. LWLG shares that Director owns now total 81,749.

Among the insiders who sold shares, LEONBERGER FREDERICK J disposed of 49,000 shares on Jul 19 at a per-share price of $7.75. This resulted in the Director holding 154,128 shares of LWLG after the transaction. In another insider transaction, El-Ahmadi Siraj Nour sold 100,000 shares at $7.77 per share on Jun 12. Company shares held by the Director now total 29,128.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for LWLG in the last 3 months, the mean price target is $2.71 with high estimates of $2.71 and low estimates of $2.71. In terms of 52-week highs and lows, LWLG has a high of $9.18 and a low of $3.79.

As of this writing, LWLG has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LWLG’s latest balance sheet shows that the firm has $23.43M in Cash & Short Term Investments as of fiscal 2021. There were $536.45k in debt and $1.59M in liabilities at the time. Its Book Value Per Share was $0.30, while its Total Shareholder’s Equity was $25.20M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock.

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