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

Key Points

• Lightwave Logic was downgraded to “Strong Sell” by Wall Street Zen from “Sell,” while Weiss Ratings maintained a “Sell” rating; MarketBeat reports a consensus “Sell” rating.
• The stock opened at $5.35, with a market capitalization of approximately $824.8 million, well below its 12-month high of $18.71. Its 50-day and 200-day moving averages were $6.69 and $8.52, respectively.
• Lightwave Logic reported a quarterly loss of $0.04 per share on just $30,000 in revenue, alongside a negative 30.34% return on equity and a negative 9,143.60% net margin. Institutional investors own approximately 27.04% of the company.

Lightwave Logic (NASDAQ:LWLG - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "sell" rating to a "strong sell" rating in a research note issued to investors on Sunday, Wall Street Zen reports.

Separately, Weiss Ratings reissued a "sell (e+)" rating on shares of Lightwave Logic in a report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of "Sell".

Lightwave Logic Trading Up 4.5%

Shares of NASDAQ LWLG opened at $5.35 on Friday. The firm has a market capitalization of $824.81 million, a PE ratio of -33.44 and a beta of 2.41. The firm has a fifty day simple moving average of $6.69 and a two-hundred day simple moving average of $8.52. Lightwave Logic has a 12 month low of $2.84 and a 12 month high of $18.71.

Lightwave Logic (NASDAQ:LWLG - Get Free Report) last issued its earnings results on Friday, August 14th. The company reported ($0.04) earnings per share (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 during the quarter.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Ancora Advisors LLC purchased a new stake in Lightwave Logic in the 2nd quarter worth approximately $72,000. Farther Finance Advisors LLC lifted its holdings in Lightwave Logic by 50.1% during the fourth quarter. Farther Finance Advisors LLC now owns 9,155 shares of the company's stock valued at $30,000 after purchasing an additional 3,055 shares in the last quarter. TRU Independence Asset Management 2 LLC bought a new position in shares of Lightwave Logic in the second quarter worth approximately $95,000. Capital Advisors Inc. OK bought a new position in shares of Lightwave Logic in the second quarter worth approximately $95,000. Finally, Sherbrooke Park Advisers LLC bought a new position in shares of Lightwave Logic in the third quarter worth approximately $38,000. 27.04% of the stock is currently owned by institutional investors.

About Lightwave Logic

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.

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