Lightwave Logic Inc (NASDAQ:LWLG) shares, rose in value on Thursday, April 16, with the stock price up by 1.96% to the previous day’s close as strong demand from buyers drove the stock to $0.93.
Actively observing the price movement in the last trading, the stock closed the session at $0.91, falling within a range of $0.88 and $0.9453. The value of beta (5-year monthly) was 2.126. Referring to stock’s 52-week performance, its high was $4.36, and the low was $0.79. On the whole, LWLG has fluctuated by -15.67% over the past month.
With the market capitalization of Lightwave Logic Inc currently standing at about $115.59 million, investors are eagerly awaiting this quarter’s results, scheduled for in May.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LWLG’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of LWLG currently trading nearly -6.52% and -23.18% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.86, while the 7-day volatility ratio is showing 9.29% which for the 30-day chart, stands at 10.19%. Furthermore, Lightwave Logic Inc (LWLG)’s beta value is 2.34, and its average true range (ATR) is 0.11.
A comparison of Lightwave Logic Inc (LWLG) with its peers suggests the former has fared considerably weaker in the market. LWLG showed an intraday change of 1.96% in last session, and over the past year, it shrunk by -76.81%%.
Data on historical trading for Lightwave Logic Inc (NASDAQ:LWLG) indicates that the trading volumes over the past 10 days have averaged 0.66 and over the past 3 months, they’ve averaged 757.06K. According to company’s latest data on outstanding shares, there are 124.61 million shares outstanding.
Nearly 1.04% of Lightwave Logic Inc’s shares belong to company insiders and institutional investors own 27.34% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 19.66 million shares as on 2025-03-31, resulting in a short ratio of 21.74. According to the data, the short interest in Lightwave Logic Inc (LWLG) stood at 1589.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 19.74 million. The stock has fallen by -55.83% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LWLG stock heading into the next quarter.
