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Is Lightwave Logic Inc (LWLG) Stock About to Get Hot Thursday?

Thursday, March 28, 2024 10:51 AM | InvestorsObserver Analysts

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Is Lightwave Logic Inc (LWLG) Stock About to Get Hot Thursday?

Lightwave Logic Inc (LWLG) stock has risen 8.67% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
Lightwave Logic Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LWLG!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With LWLG Stock Today?

Lightwave Logic Inc (LWLG) stock is trading at $4.64 as of 10:39 AM on Thursday, Mar 28, a rise of $0.18, or 4.01% from the previous closing price of $4.46. The stock has traded between $4.48 and $4.64 so far today. Volume today is low. So far 102,292 shares have traded compared to average volume of 592,484 shares.

More About Lightwave Logic Inc

Lightwave Logic Inc is a United States-based development stage company moving toward commercialization of next-generation electro-optic photonic devices made on its P2IC technology platform which uses in-house proprietary high-activity and high-stability organic polymers. Electro-optical devices convert data from electric signals into optical signals for multiple applications. It designs and synthesizes organic chromophores for use in its own proprietary electro-optic polymer systems and photonic device designs. Click Here to get the full Stock Report for Lightwave Logic Inc stock.

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