Up 1,650% in 2021, is Lightwave Logic Still a Buy?

Up 1,650% in 2021, is Lightwave Logic Still a Buy?

Even though technology platform company Lightwave Logic (LWLG) has yet to generate sales, its shares have soared nearly 1,650% in price over the past year. So, do the shares have more upside to deliver? Let’s find out. Read on.

Up 1,650% in 2021, is Lightwave Logic Still a Buy? shutterstock.com – StockNews

Lightwave Logic, Inc. (LWLG) in Englewood, Colo., is a development stage company that is focused on developing photonic devices and non-linear optical polymer materials systems for fiber-optic data communications and optical computing markets. The stock was up-listed to the Nasdaq Capital Market on Sept. 1, 2021, from the OTCQX market. 

Investors’ optimism has helped its shares soar 1,649.5% in price over the past year to close yesterday’s trading session at $16.27.

However, it is currently trading 19.9% below its 52-week high of $20.30, which it hit on Dec.16, 2021. LWLG entered its fifth agreement with Lincoln Park Capital Fund, LLC in…

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Up 1,650% in 2021, is Lightwave Logic Still a Buy?

Up 1,650% in 2021, is Lightwave Logic Still a Buy?

Even though technology platform company Lightwave Logic (LWLG) has yet to generate sales, its shares have soared nearly 1,650% in price over the past year. So, do the shares have more upside to deliver? Let’s find out. Read on.

Up 1,650% in 2021, is Lightwave Logic Still a Buy? shutterstock.com – StockNews

Lightwave Logic, Inc. (LWLG) in Englewood, Colo., is a development stage company that is focused on developing photonic devices and non-linear optical polymer materials systems for fiber-optic data communications and optical computing markets. The stock was up-listed to the Nasdaq Capital Market on Sept. 1, 2021, from the OTCQX market. 

Investors’ optimism has helped its shares soar 1,649.5% in price over the past year to close yesterday’s trading session at $16.27.

However, it is currently trading 19.9% below its 52-week high of $20.30, which it hit on Dec.16, 2021. LWLG entered its fifth agreement with Lincoln Park Capital Fund, LLC in…

Continue reading

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Your email address will not be published. Required fields are marked *