Lightwave Logic (NASDAQ:LWLG) Stock Rating Lowered by Wall Street Zen

Lightwave Logic (NASDAQ:LWLG) was downgraded by research analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a report released on Saturday.

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

Lightwave Logic Price Performance

Shares of Lightwave Logic stock opened at $5.49 on Friday. The stock has a market cap of $846.39 million, a price-to-earnings ratio of -34.31 and a beta of 2.49. Lightwave Logic has a twelve month low of $2.84 and a twelve month high of $18.71. The company’s fifty day moving average is $7.04 and its 200 day moving average is $8.50.

Lightwave Logic (NASDAQ:LWLG) last announced 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 for the quarter.

Hedge Funds Weigh In On Lightwave Logic

Hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its position 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 acquiring an additional 3,055 shares during the last quarter. Sherbrooke Park Advisers LLC bought a new position in shares of Lightwave Logic in the 3rd quarter worth about $38,000. WINTON GROUP Ltd bought a new position in shares of Lightwave Logic in the 2nd quarter worth about $39,000. Hudson Bay Capital Management LP acquired a new position in shares of Lightwave Logic in the 2nd quarter valued at about $40,000. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Lightwave Logic by 42.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 36,283 shares of the company’s stock valued at $45,000 after purchasing an additional 10,839 shares during the period. Institutional investors own 27.04% of the company’s stock.

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.