Lightwave Logic (NASDAQ:LWLG) Downgraded to Strong Sell Rating by Wall Street Zen

Wall Street Zen downgraded shares of Lightwave Logic (NASDAQ:LWLG) from a sell rating to a strong sell rating in a research report report published on Saturday morning.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Lightwave Logic in a research note on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Lightwave Logic Stock Performance

Shares of NASDAQ:LWLG opened at $5.49 on Friday. The company has a market cap of $846.39 million, a P/E ratio of -34.31 and a beta of 2.48. Lightwave Logic has a one year low of $2.84 and a one year high of $18.71. The business’s 50-day simple moving average is $7.04 and its 200 day simple moving average is $8.46.

Lightwave Logic (NASDAQ:LWLG) last released its quarterly earnings results on Friday, August 14th. The company reported ($0.04) EPS for the quarter. Lightwave Logic had a negative return on equity of 30.34% and a negative net margin of 9,143.60%.The company had revenue of $0.03 million for the quarter.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC boosted its holdings in Lightwave Logic by 50.1% in 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 during the period. Jefferies Financial Group Inc. increased its stake in Lightwave Logic by 11.1% during the fourth quarter. Jefferies Financial Group Inc. now owns 38,765 shares of the company’s stock valued at $126,000 after purchasing an additional 3,865 shares during the last quarter. Greenspring Advisors LLC raised its holdings in shares of Lightwave Logic by 7.5% during the fourth quarter. Greenspring Advisors LLC now owns 71,725 shares of the company’s stock worth $232,000 after purchasing an additional 5,000 shares during the period. Ancora Advisors LLC raised its holdings in shares of Lightwave Logic by 292.1% during the second quarter. Ancora Advisors LLC now owns 7,571 shares of the company’s stock worth $72,000 after purchasing an additional 5,640 shares during the period. Finally, Osaic Holdings Inc. lifted its position in shares of Lightwave Logic by 14.0% in the 2nd quarter. Osaic Holdings Inc. now owns 59,392 shares of the company’s stock worth $74,000 after buying an additional 7,282 shares during the last quarter. 27.04% of the stock is currently owned by institutional investors.

Lightwave Logic Company Profile

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.