Light Science Technologies (LON:LST) Stock Price Down 3.5% – What’s Next?

Light Science Technologies Holdings Plc (LON:LST)’s share price traded down 3.5% on Tuesday . The company traded as low as GBX 2.90 and last traded at GBX 3.18. 1,732,490 shares changed hands during mid-day trading, an increase of 99% from the average session volume of 871,276 shares. The stock had previously closed at GBX 3.30.

Light Science Technologies Trading Down 3.5%

The business’s 50-day moving average is GBX 3.93 and its two-hundred day moving average is GBX 4.20. The firm has a market cap of £10.32 million, a P/E ratio of 106.13 and a beta of -0.82. The company has a debt-to-equity ratio of 90.52, a current ratio of 1.10 and a quick ratio of 1.06.

About Light Science Technologies

Light Science Technologies Holdings plc operates through three divisions: controlled environment agriculture (“CEA”); contract electronics manufacturing (“CEM”); and passive fire protection (“PFP”). The company is involved in the design, manufacturing, and installation of products and customized solutions spanning various industry sectors, including commercial horticulture, pest control, lighting, audio, gas detection, and fire protection. With a focus on addressing global challenges related to food security, climate change, and fire protection, the Group is committed to developing robust solutions in these rapidly growing market sectors.

LSTH is the holding company for Light Science Technologies Ltd (“Light Science Technologies”) and Tomtech (UK) Limited (“Tomtech”) in the CEA division; UK Circuits and Electronics Solutions Limited (“UK Circuits”) in the CEM division; and LSTH IFB Limited (“LSTH IFB”) in the PFP division.

Controlled Environment Agriculture
The Group’s tailored solutions encompass control systems, grow lights, sensor technology, venting, and irrigation systems, catering to both UK and global customers.