What is the best trade option for Lightwave Logic Inc (LWLG) stock?

At the time of writing, Lightwave Logic Inc [LWLG] stock is trading at $4.19, down -0.24%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LWLG shares have gain 4.75% over the last week, with a monthly amount drifted -16.37%, and not seem to be holding up well over a long-time horizon.

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On 1, March 2024, Lightwave Logic Provides Fourth Quarter and Fiscal Year 2023 Corporate Update. In a post published today on Yahoo Finance, Dr. Michael Lebby to Host Fireside Chat with Benzinga All-Access Hosts at 10:50 a.m. Eastern time Today.

From an analyst’s perspective:

For the past year, the stock price of Lightwave Logic Inc fluctuated between $3.79 and $9.18. Lightwave Logic Inc [NASDAQ: LWLG] shares were valued at $4.19 at the most recent close of the market.

Analyzing the LWLG fundamentals

Gross Profit Margin for this corporation currently stands at 0.08% with Operating Profit Margin at -10.64%, Pretax Profit Margin comes in at -14.83%, and Net Profit Margin reading is -15.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.51, Equity is -0.62 and Total Capital is -0.39. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.14 points at the first support level, and at 4.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.24, and for the 2nd resistance point, it is at 4.30.

Ratios To Look Out For

It is important to note that Lightwave Logic Inc [NASDAQ:LWLG] has a current ratio of 12.66. Also, the Quick Ratio is 12.48, while the Cash Ratio stands at 12.17. Considering the valuation of this stock, the price to sales ratio is 12485.15, the price to book ratio is 13.59.

Transactions by insiders

Recent insider trading involved LEONBERGER FREDERICK J, Director, that happened on Dec 13 ’23 when 75000.0 shares were sold. Director, Bucchi Ronald A completed a deal on Dec 06 ’23 to sell 27000.0 shares. Meanwhile, Director LEONBERGER FREDERICK J sold 49000.0 shares on Jul 19 ’23.

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