Lightwave Logic (NASDAQ:LWLG) Issues 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. The firm had revenue of $0.02 million for the quarter. Lightwave Logic had a negative return on equity of 61.49% and a negative net margin of 19,416.81%.

Lightwave Logic Stock Down 1.8 %

NASDAQ LWLG opened at $1.10 on Thursday. The stock has a market capitalization of $134.61 million, a P/E ratio of -6.11 and a beta of 2.08. Lightwave Logic has a 52-week low of $1.00 and a 52-week high of $4.82. The firm has a 50-day moving average price of $1.58 and a 200 day moving average price of $2.37.

About Lightwave Logic

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.