Lightwave Logic Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $5.365
- Today's High:
- $5.6
- Open Price:
- $5.47
- 52W Low:
- $3.88
- 52W High:
- $9.64
- Prev. Close:
- $5.51
- Volume:
- 348273
Company Statistics
- Market Cap.:
- $641.71 million
- Book Value:
- 0.317
- Revenue TTM:
- $0
- Operating Margin TTM:
- 0%
- Gross Profit TTM:
- $0
- Profit Margin:
- 0%
- Return on Assets TTM:
- -37.82%
- Return on Equity TTM:
- -64.28%
Company Profile
Lightwave Logic Inc had its IPO on 1998-01-16 under the ticker symbol LWLG.
The company operates in the Basic Materials sector and Specialty Chemicals industry. Lightwave Logic Inc has a staff strength of 21 employees.
Stock update
Shares of Lightwave Logic Inc opened at $5.47 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $5.37 - $5.6, and closed at $5.4.
This is a -2% slip from the previous day's closing price.
A total volume of 348,273 shares were traded at the close of the day’s session.
In the last one week, shares of Lightwave Logic Inc have slipped by -10.3%.
Lightwave Logic Inc's Key Ratios
Lightwave Logic Inc has a market cap of $641.71 million, indicating a price to book ratio of 27.7056 and a price to sales ratio of 0.
In the last 12-months Lightwave Logic Inc’s revenue was $0 with a gross profit of $0 and an EBITDA of $-19965894. The EBITDA ratio measures Lightwave Logic Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Lightwave Logic Inc’s operating margin was 0% while its return on assets stood at -37.82% with a return of equity of -64.28%.
In Q2, Lightwave Logic Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.
Lightwave Logic Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
- 0
Its diluted EPS in the last 12-months stands at $-0.17 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Lightwave Logic Inc’s profitability.
Lightwave Logic Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -41.9938. Its price to sales ratio in the trailing 12-months stood at 0.
Lightwave Logic Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $40.55 million
- Total Liabilities
- $917567.00
- Operating Cash Flow
- $-802687.00
- Capital Expenditure
- $803277
- Dividend Payout Ratio
- 0%
Lightwave Logic Inc ended 2024 with $40.55 million in total assets and $0 in total liabilities. Its intangible assets were valued at $40.55 million while shareholder equity stood at $36.78 million.
Lightwave Logic Inc ended 2024 with $0 in deferred long-term liabilities, $917567.00 in other current liabilities, 116185.00 in common stock, $-117767126.00 in retained earnings and $0 in goodwill. Its cash balance stood at $32.64 million and cash and short-term investments were $32.64 million. The company’s total short-term debt was $132,864 while long-term debt stood at $0.
Lightwave Logic Inc’s total current assets stands at $33.45 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $38736.00 compared to accounts payable of $638031.00 and inventory worth $47951.00.
In 2024, Lightwave Logic Inc's operating cash flow was $-802687.00 while its capital expenditure stood at $803277.
Comparatively, Lightwave Logic Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $5.4
- 52-Week High
- $9.64
- 52-Week Low
- $3.88
- Analyst Target Price
- $2.71
Lightwave Logic Inc stock is currently trading at $5.4 per share. It touched a 52-week high of $9.64 and a 52-week low of $9.64. Analysts tracking the stock have a 12-month average target price of $2.71.
Its 50-day moving average was $6.75 and 200-day moving average was $6.07 The short ratio stood at 33.9 indicating a short percent outstanding of 0%.
Around 538.4% of the company’s stock are held by insiders while 2279.4% are held by institutions.
Frequently Asked Questions About Lightwave Logic Inc
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About
Lightwave Logic, Inc., a development stage company, focuses on the development of photonic devices and non-linear optical polymer materials systems for fiber-optic data communications and optical computing markets in the United States. The company is involved in the designing and synthesizing of organic chromophores for use in its electro-optic polymer systems and photonic device designs. It also offers electro-optic modulators, which converts data from electric signals to optical signals for transmission over fiber-optic cables; and polymer photonic integrated circuits, a photonic device, which integrates various photonic functions on a single chip. In addition, the company provides the ridge waveguide modulator, a modulator that fabricates the waveguide within a layer of its electro-optic polymer system. It focuses on selling its products to electro-optic device manufacturers, contract manufacturers, original equipment manufacturers, semiconductor companies, optical network companies, Web 2.0/3.0 media companies, computing companies, telecommunications companies, aerospace companies, automotive companies, and government agencies. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.