Lightwave Logic Inc (NASDAQ:LWLG) traded at $0.98 at close of the session on Tuesday, April 01 and made a downward move of -4.87% on its previous day’s price.
Looking at the stock we see that its previous close was $1.02 and the beta (5Y monthly) reads 2.101 with the day’s price range being $0.975 – $1.045. In terms of its 52-week price range, LWLG has a high of $4.82 and a low of $0.98. The company’s stock has lost about -17.36% over that past 30 days.
Lightwave Logic Inc has a market cap of $121.69 million and is expected to release its quarterly earnings report in May.
On the other hand, looking at the outlook for the LWLG stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.
Looking further, we note the current price level is -13.63% off its SMA20 and -31.73% from its 50-day simple moving average. The RSI (14) is pointing at 38.41 while the volatility over the past week is 12.81% and jumps to 10.04% over the past one month. The beta value is 2.13, while the average true range (ATR) is currently pointing at 0.13.
Coming back to Lightwave Logic Inc (NASDAQ:LWLG), we note that the average 3-month trading volume was 805.38K, while that of the preceding 10-day period stands at 1.0 million. Current shares outstanding are 124.80 million.
The insiders hold 1.04% of the company’s shares while institutions hold 27.32%. The data shows that short shares as of 2025-03-14, stood at 19.39 million at a short ratio of 23.82. This represents a 1581.00 short interest in shares outstanding on 2025-03-14. Shares short fall in March from the previous month at 19.99 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -53.57% down in year-to-date price movement.
