Lightwave Logic Inc’s recent filing unveils that its Director LEONBERGER FREDERICK J unloaded Company’s shares for reported $0.35 million on Dec 13 ’23. In the deal valued at $4.67 per share,75,000 shares were sold. As a result of this transaction, LEONBERGER FREDERICK J now holds 179,128 shares worth roughly $0.74 million.
Then, Bucchi Ronald A sold 27,000 shares, generating $128,343 in total proceeds. Upon selling the shares at $4.75, the Director now owns 81,749 shares.
Before that, LEONBERGER FREDERICK J sold 49,000 shares. Lightwave Logic Inc shares valued at $379,750 were divested by the Director at a price of $7.75 per share. As a result of the transaction, LEONBERGER FREDERICK J now holds 154,128 shares, worth roughly $0.64 million.
Price Performance Review of LWLG
On Monday, Lightwave Logic Inc [NASDAQ:LWLG] saw its stock jump 0.73% to $4.14. Over the last five days, the stock has gained 6.15%. Lightwave Logic Inc shares have fallen nearly -16.87% since the year began. Nevertheless, the stocks have fallen -6.97% over the past one year. While a 52-week high of $9.18 was reached on 02/12/24, a 52-week low of $3.57 was recorded on 04/25/24. SMA at 50 days reached $4.14, while 200 days put it at $4.87. A total of 0.51 million shares were traded, compared to the trading of 0.34 million shares in the previous session.
Levels Of Support And Resistance For LWLG Stock
The 24-hour chart illustrates a support level at 4.02, which if violated will result in even more drops to 3.91. On the upside, there is a resistance level at 4.24. A further resistance level may holdings at 4.34. The Relative Strength Index (RSI) on the 14-day chart is 54.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.21%. Stochastics %K at 81.92% indicates the stock is a selling.
