Lightwave Logic (NASDAQ:LWLG) Releases Earnings Results

Lightwave Logic (NASDAQ:LWLG) announced its quarterly earnings data on Tuesday. The company reported ($0.05) earnings per share (EPS) for the quarter, Zacks reports. Lightwave Logic had a negative return on equity of 61.49% and a negative net margin of 19,416.81%.

Lightwave Logic Stock Up 5.7 %

Shares of NASDAQ:LWLG traded up $0.06 during midday trading on Tuesday, reaching $1.12. The company’s stock had a trading volume of 670,789 shares, compared to its average volume of 732,215. The firm has a market capitalization of $137.06 million, a PE ratio of -6.22 and a beta of 2.08. The stock has a fifty day moving average of $1.63 and a 200 day moving average of $2.39. Lightwave Logic has a twelve month low of $1.00 and a twelve month high of $4.82.

Lightwave Logic Company Profile

Lightwave Logic, Inc focuses on the development of photonic devices and electro-optical polymer materials systems for fiber-optic data communications, telecommunications, and optical computing markets in the United States. The company is involved in the designing and synthesizing of organic chromophores for use in its electro-optic polymer systems and photonic device designs.