Is Lightwave Logic Inc (NASDAQ: LWLG) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that Lightwave Logic Issues Shareholder Letter and Provides Corporate Update.

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Stocks Info

LWLG belongs to the Basic Materials sector of the NASDAQ while operating in the Specialty Chemicals industry. The current market capitalization of Lightwave Logic Inc is $550.55M. A total of 0.65 million shares were traded on the day, compared to an average of 691.57K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. 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.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. 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 organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock.

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