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How to Buy Lightwave Logic Stock

Lightwave Logic Inc

Lightwave Logic, Inc. , a development stage company, focuses on the development of photonic devices and non-linear optical polymer materials systems for fiber-optic data communications and optical computing markets in the United States.

Lightwave Logic stock last closed at $3.96, up 4.21% from the previous day, and has decreased 7.48% in one year. It has underperformed other stocks in the Specialty Chemicals industry by 0.19 percentage points. Lightwave Logic stock is currently +11.08% from its 52-week low of $3.57, and -56.86% from its 52-week high of $9.18.

At the moment, there are 119.18M shares of LWLG outstanding. The market cap of LWLG is $471.97M. In the past 24 hours, 336,324 LWLG shares were traded.

How to Buy Lightwave Logic Stock

Wondering how to invest in Lightwave Logic stock? Here's how.
  1. Decide where to buy Lightwave Logic stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Lightwave Logic stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Pick your method of payment and add your information.
  4. Research Lightwave Logic stock: The Lightwave Logic ticker symbol is LWLG. Is Lightwave Logic stock a good investment? Should you buy shares of LWLG? How do LWLG's underlying business fundamentals look? Do top analysts think Lightwave Logic is a good buy? Why has LWLG's stock price moved recently? (Hint: Our stock research tools can help you figure out if LWLG is a good stock to buy).
  5. Execute your LWLG trade: Decide if you will purchase LWLG shares at the current market price or use a limit order to purchase LWLG stock at a specific price.
  6. Get the latest news on your investment in LWLG: Create a watchlist to the latest updates on your investment in Lightwave Logic shares.

Step 1: Decide where to buy Lightwave Logic stock

You will need an online brokerage account to access the NASDAQ market and buy LWLG shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best online stock brokerage. Here's why:

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  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
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  • Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your share purchase by creating an account with eToro now.

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Step 2: Open a brokerage account

Now that you've picked your brokerage, the next step is to fill out some personal information so you are able to buy LWLG today.

How to Create a New Investment Account on eToro

  1. Click here to get started.
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  2. Provide your personal details to create a new trading account.
  1. Send your information by pressing the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you have opened your account on app for stock, you can securely and quickly fund your account:

Watch the tutorial below to see the process of transferring funds into your investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Lightwave Logic stock

Once you have identified the best place to buy Lightwave Logic stock, it's very important to research their stock before you buy, so you truly understand the risk as well as the opportunity.

Lightwave Logic shares data

LWLG Price
$3.96
1w %
9.09%
1y %
-7.48%
5y %
344.94%
P/E
-22x
P/B
12.95x
P/S
N/A
PEG
N/A
Revenue
$40.50k
Earnings
-$21.04M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$471.97M
Next Earnings
May 22, 2024
Next Dividend
N/A

Lightwave Logic Due Diligence Checks

WallStreetZen was built to help average investors do better fundamental analysis quickly.

You can see all of the due diligence checks on LWLG's stock page.

What is the fair value of LWLG stock?

Analysts use many financial metrics, analyses, models, and charts to gauge LWLG's intrinsic value.

Using relative valuations ratios:

  • LWLG may be overvalued based on its P/B ratio of 12.95x, relative to Specialty Chemicals industry P/B ratio of 3.34x

You can access additional valuation analysis on LWLG's stock here.

Is LWLG a healthy company?

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the LWLG balance sheet.
  • LWLG has cash burn of 15527658. It has enough cash and short-term investments to cover this for at least one year.
  • LWLG has a low debt to equity ratio of 0.15.
  • There are more short-term assets than long-term liabilities on the LWLG balance sheet.

Negative Health Checks:

  • LWLG has $31.43M in cash and short term investments. This is not enough to cover its annual cash burn of $15.53M.
  • LWLG profit margin has gone down from N/A to -51,943.2% in the past year.
  • Total LWLG debt is higher than 5 years ago, relative to shareholder equity.

LWLG Technical Indicators

SMA10
3.83
SMA20
3.99
SMA50
4.14
SMA100
4.41
SMA200
4.9
MACD
-0.12
MACD Signal
-0.12
MACD Histogram
0
RSI
47.45
Stochastic %K
46.37
Stochastic %D
41.7
StochRSI %K
80.61
StochRSI %D
78.7

Are LWLG insiders buying or selling the stock?

Over the last year, insiders at LWLG have bought more shares than they have sold.

Frederick J. Leonberger, Director of LWLG, was the latest LWLG insider to sell. They sold $350,550.00 worth of LWLG shares on Dec 13, 2023.

Get more info about who owns LWLG shares here.

Does LWLG provide a stable income stream?

No, Lightwave Logic doesn't provide an income stream by paying out dividends.

LWLG Social Trading Data

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Execute your LWLG trade

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally fine.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a given dollar amount, place a limit order.

Press the Open button and eToro will execute the order.

If you want additional info about buying stocks on eToro, watch the how to video below:

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Step 6: Get the latest news on your investment in LWLG

Now that you own some shares in LWLG, you'll want to stay up-to-date on your new stock purchase.

Create a watchlist to monitor your LWLG stock.

LWLG Feed

How to Buy Stock in Lightwave Logic

To reiterate, here are the 6 steps to buy stock in Lightwave Logic:

  1. Decide where to buy Lightwave Logic stock
  2. Open a brokerage account
  3. Put funds into your investment account
  4. Research Lightwave Logic stock
  5. Execute your LWLG trade
  6. Get the latest news on your investment in LWLG

If you need a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to monitor your investment in Lightwave Logic, click the button below.

NASDAQ: LWLG
$3.96+0.16 (+4.21%)
Updated May 2, 2024
Open eToro Account
NASDAQ: LWLG
$3.96+0.16 (+4.21%)
Updated May 2, 2024
Open eToro Account

FAQ

How much does it cost to buy one Lightwave Logic share?

As of May 2, 2024, it costs $3.96 to buy one share of Lightwave Logic stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.253 shares of LWLG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Lightwave Logic stock?

One way to place an order for Lightwave Logic stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.