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. It offers electro-optic modulators, which convert data from electric signals to optical signals for transmission over fiber-optic cables; and polymer photonic integrated circuits, a photonic device, which integrates various photonic circuits on a single chip. It focuses on selling its products to electro-optic device manufacturers, contract manufacturers, original equipment manufacturers, foundries, packaging and assembly manufacturers, etc.; and semiconductor companies, optical network companies, Web 2.0/3.0 media companies, computing companies, telecommunications companies, aerospace companies, automotive companies, and government agencies and defense entities. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.
Metrics to compare | LWLG | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipLWLGPeersSector | |
|---|---|---|---|---|
P/E Ratio | −26.1x | 27.3x | 11.8x | |
PEG Ratio | −3.61 | 1.10 | 0.01 | |
Price/Book | 13.3x | 6.0x | 2.4x | |
Price / LTM Sales | 5,446.0x | 3.5x | 2.2x | |
Upside (Analyst Target) | - | 28.1% | 24.6% | |
Fair Value Upside | Unlock | −17.4% | 4.3% | Unlock |