Light Science Technologies (LON:LST) Shares Up 18% – What’s Next?

Light Science Technologies Holdings Plc (LON:LSTGet Free Report)’s share price was up 18% during trading on Tuesday . The stock traded as high as GBX 1.95 and last traded at GBX 1.85. Approximately 14,445,689 shares changed hands during trading, an increase of 185% from the average daily volume of 5,076,683 shares. The stock had previously closed at GBX 1.57.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reissued a “house stock” rating on shares of Light Science Technologies in a research note on Friday, April 24th.

Check Out Our Latest Stock Analysis on LST

Light Science Technologies Price Performance

The company’s 50 day moving average price is GBX 1.85 and its 200-day moving average price is GBX 3.66. The company has a market cap of £7.13 million, a price-to-earnings ratio of -6.08 and a beta of -0.82. The company has a debt-to-equity ratio of 146.32, a quick ratio of 1.06 and a current ratio of 0.89.

Light Science Technologies (LON:LSTGet Free Report) last announced its quarterly earnings data on Friday, April 24th. The company reported GBX (0.30) earnings per share (EPS) for the quarter. The business had revenue of GBX 863 million during the quarter. Light Science Technologies had a negative return on equity of 64.06% and a negative net margin of 11.34%.

Light Science Technologies Company Profile

(Get Free Report)

Light Science Technologies Holdings plc (“LSTH”) operates through three divisions: Passive fire protection (“PFP”); AgTech (“AGT”) and contract electronics manufacturing (“CEM”). The Company is involved in the design, manufacturing, and installation of products and customized solutions spanning various industry sectors, 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.

As both an installer and supplier of the fire resistant graphite barrier system Injectclad, the PFP division is strongly positioned to capture a growing proportion of the fire remediation market as the Buildings Safety Regulator (“BSR”) backlog unblocks, enabling accelerated conversion of the Company’s strong sales pipeline.

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