Lightwave Logic Stock Today

LWLG Stock  USD 2.98  0.13  4.56%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 10

 
High
 
Low
Low
Lightwave Logic is trading at 2.98 as of the 25th of November 2024. This is a 4.56 percent increase since the beginning of the trading day. The stock's lowest day price was 2.71. Lightwave Logic has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Lightwave Logic are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of February 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
16th of January 1998
Category
Basic Materials
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. Lightwave Logic, Inc. The company has 122.37 M outstanding shares of which 20.92 M shares are now shorted by private and institutional investors with about 27.79 trading days to cover. More on Lightwave Logic

Moving against Lightwave Stock

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Lightwave Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chairman CEOMichael Lebby
Thematic IdeaRubber and Plastic Products (View all Themes)
Business ConcentrationSpecialty Chemicals, Basic Materials, NASDAQ Composite, Rubber and Plastic Products, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00140.0011
Fairly Up
Very volatile
Gross Profit Margin0.750.84
Moderately Down
Slightly volatile
Total Current Liabilities2.7 M2.6 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.9 M2.8 M
Sufficiently Up
Slightly volatile
Total Assets43.9 M41.8 M
Sufficiently Up
Slightly volatile
Total Current Assets34.3 M32.7 M
Sufficiently Up
Slightly volatile
Debt Levels
Lightwave Logic can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lightwave Logic's financial leverage. It provides some insight into what part of Lightwave Logic's total assets is financed by creditors.
Liquidity
Lightwave Logic currently holds 2.91 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Lightwave Logic has a current ratio of 34.67, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Lightwave Logic's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

333,773
Lightwave Logic (LWLG) is traded on NASDAQ Exchange in USA. It is located in 369 Inverness Parkway, Englewood, CO, United States, 80112 and employs 33 people. Lightwave Logic is listed under Specialty Chemicals category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 364.67 M. Lightwave Logic conducts business under Chemicals sector and is part of Materials industry. The entity has 122.37 M outstanding shares of which 20.92 M shares are now shorted by private and institutional investors with about 27.79 trading days to cover. Lightwave Logic currently holds about 24.83 M in cash with (12.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22.
Check Lightwave Logic Probability Of Bankruptcy
Ownership Allocation
Lightwave Logic maintains a total of 122.37 Million outstanding shares. Roughly 71.43 % of Lightwave Logic outstanding shares are held by general public with 0.64 pct. owned by insiders and only 27.93 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Lightwave Ownership Details

Lightwave Stock Institutional Holders

InstituionRecorded OnShares
Umb Bank Na2024-09-30
331.1 K
Nuveen Asset Management, Llc2024-06-30
307.3 K
Financial Advocates Investment Management2024-09-30
306 K
Mitsubishi Ufj Asset Management Co.,ltd2024-09-30
279.7 K
Swiss National Bank2024-09-30
234.4 K
First Western Trust Bank2024-09-30
233.6 K
Jane Street Group Llc2024-06-30
183.8 K
Ubs Asset Mgmt Americas Inc2024-09-30
167.9 K
Rhumbline Advisers2024-06-30
158.5 K
Vanguard Group Inc2024-09-30
9.5 M
Blackrock Inc2024-06-30
8.6 M
View Lightwave Logic Diagnostics

Lightwave Logic Historical Income Statement

At this time, Lightwave Logic's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Lightwave Logic's current Research Development is estimated to increase to about 16.7 M, while EBIT is forecasted to increase to (20 M). View More Fundamentals

Lightwave Stock Against Markets

Lightwave Logic Corporate Management

Karen LiuVP MarketingProfile
David EatonTechnology AdvisorProfile
Rear USNAdvisorProfile
Ross FasickTechnology AdvisorProfile
When determining whether Lightwave Logic is a strong investment it is important to analyze Lightwave Logic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lightwave Logic's future performance. For an informed investment choice regarding Lightwave Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightwave Logic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Lightwave Stock please use our How to Invest in Lightwave Logic guide.
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Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lightwave Logic. If investors know Lightwave will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lightwave Logic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.18)
Revenue Per Share
0.001
Return On Assets
(0.37)
Return On Equity
(0.64)
The market value of Lightwave Logic is measured differently than its book value, which is the value of Lightwave that is recorded on the company's balance sheet. Investors also form their own opinion of Lightwave Logic's value that differs from its market value or its book value, called intrinsic value, which is Lightwave Logic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lightwave Logic's market value can be influenced by many factors that don't directly affect Lightwave Logic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lightwave Logic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lightwave Logic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lightwave Logic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.