Lightwave Logic, Inc.
LWLGBasic MaterialsNASDAQSpecialty Chemicals
Scan Results
Daily timeframePart of the basic materials sector, Lightwave Logic, Inc. (LWLG) is listed under Specialty Chemicals. With a market capitalization of $863.3M, it sits in small-cap territory. The company sells electro-optic (EO) polymer materials for integration into silicon photonics and other photonic integrated circuit platforms under the Perkinamine name.
Market Cap
$863.3M
Beta
2.42
P/E (TTM)
—
P/E (Fwd)
—
EPS (TTM)
$-0.17
EPS (Fwd)
—
ROE
-35.4%
ROA
-22.3%
Cash
$95.9M
Total Debt
$2.5M
Free CF
-$10.9M
52W Change
76.0%
Annual Financials
Cash vs Debt
Where LWLG stands vs its 150-day and 200-day moving averages
As of the September 3, 2026 close, LWLG finished 38.94% below its 150-day moving average ($8.27) and 29.76% below its 200-day moving average ($7.19). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is LWLG overbought or oversold?
At the September 3, 2026 close, LWLG's RSI(14) was 16.3, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Lightwave Logic, Inc. holds $95.9M in cash against $2.5M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow is running at -$10.9M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -35.4%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits.
Lightwave Logic, Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing LWLG.