Lightwave Logic Inc. (NASDAQ:LWLG - Get Free Report)'s stock price was up 8.7% during trading on Wednesday . The stock traded as high as $8.22 and last traded at $8.22. 1,291,069 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 5,309,362 shares. The stock had previously closed at $7.56.

Wall Street Analysts Forecast Growth

LWLG has been the subject of a number of recent research reports. Wall Street Zen downgraded Lightwave Logic from a "hold" rating to a "sell" rating in a research note on Saturday, May 23rd. Weiss Ratings reissued a "sell (e+)" rating on shares of Lightwave Logic in a report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Lightwave Logic presently has a consensus rating of "Sell".

Get Our Latest Analysis on Lightwave Logic

Lightwave Logic Price Performance

The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of -47.94 and a beta of 2.49. The business has a fifty day moving average of $7.98 and a 200 day moving average of $8.22.

Lightwave Logic (NASDAQ:LWLG - Get Free Report) last posted its earnings results on Friday, May 15th. The company reported ($0.04) earnings per share (EPS) for the quarter. Lightwave Logic had a negative return on equity of 38.79% and a negative net margin of 9,019.34%.The business had revenue of $0.03 million for the quarter.

Institutional Trading of Lightwave Logic

Hedge funds and other institutional investors have recently modified their holdings of the business. Bleakley Financial Group LLC acquired a new position in Lightwave Logic during the 1st quarter worth about $1,739,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Lightwave Logic during the fourth quarter worth about $428,000. Bank of Nova Scotia purchased a new stake in Lightwave Logic during the first quarter worth about $281,000. Farther Finance Advisors LLC lifted its position in shares of Lightwave Logic by 50.1% during the fourth quarter. Farther Finance Advisors LLC now owns 9,155 shares of the company's stock worth $30,000 after purchasing an additional 3,055 shares in the last quarter. Finally, Bernardo Wealth Planning LLC acquired a new stake in shares of Lightwave Logic during the fourth quarter worth about $33,000. 27.04% of the stock is owned by institutional investors and hedge funds.

Lightwave Logic Company Profile

(Get Free Report)

Lightwave Logic, Inc NASDAQ: LWLG is a U.S.-based photonics company focused on the development and commercialization of proprietary electro‐optic polymer materials and devices for high-speed optical communications. The company's core technology platform centers on organic electro-optic polymers that offer low drive voltage, high modulation bandwidth and integration flexibility, enabling next-generation optical interconnects for data centers, telecommunications and emerging photonic computing architectures.

Lightwave Logic's product pipeline includes modulators, waveguides and integrated photonic components designed to outperform traditional lithium-niobate and silicon-based solutions in terms of size, power consumption and ease of integration.

Read More

• Five stocks we like better than Lightwave Logic
• Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
• Legacy Jet Builders Stall While Embraer Accelerates to New Highs
• Intel’s Rally Gave It a $20 Billion Opportunity and Now Comes the Hard Part
• Visa’s AI Opportunity Is Hiding in Every Transaction

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Lightwave Logic Right Now?

Before you consider Lightwave Logic, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lightwave Logic wasn't on the list.

While Lightwave Logic currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here