Lightwave Logic (NASDAQ:LWLG) Posts Quarterly Earnings Results

Lightwave Logic (NASDAQ:LWLG) posted its quarterly earnings results 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 Trading Up 5.7 %

NASDAQ LWLG opened at $1.12 on Wednesday. The firm has a market capitalization of $137.06 million, a price-to-earnings ratio of -6.22 and a beta of 2.08. The firm’s 50 day simple moving average is $1.60 and its 200 day simple moving average is $2.38. Lightwave Logic has a 1 year low of $1.00 and a 1 year 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.