Light Science Technologies (LON:LST) Trading Down 8.7% – What’s Next?

Light Science Technologies Holdings Plc (LON:LSTGet Free Report)’s stock price traded down 8.7% during trading on Wednesday . The company traded as low as GBX 1.50 and last traded at GBX 1.73. 15,534,356 shares traded hands during trading, an increase of 184% from the average session volume of 5,473,912 shares. The stock had previously closed at GBX 1.90.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reissued a “house stock” rating and issued a GBX 4.60 price target on shares of Light Science Technologies in a research report on Wednesday, September 9th.

Get Our Latest Stock Analysis on Light Science Technologies

Light Science Technologies Stock Up 0.3%

The company has a debt-to-equity ratio of 18.33, a current ratio of 1.11 and a quick ratio of 1.06. The firm has a 50 day simple moving average of GBX 1.67 and a 200-day simple moving average of GBX 1.77. The stock has a market capitalization of £17.28 million, a price-to-earnings ratio of -5.49 and a beta of 0.07.

Light Science Technologies (LON:LSTGet Free Report) last issued its earnings results on Thursday, August 13th. The company reported GBX (0.08) EPS for the quarter. Light Science Technologies had a negative net margin of 16.68% and a negative return on equity of 29.91%.

Light Science Technologies Company Profile

(Get Free Report)

Light Science Technologies Holdings plc (“LSTH”) operates through three divisions: Passive fire protection (“PFP”); contract electronics manufacturing (“CEM”) and AgTech (“AGT”). 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 fire protection, food security and climate change, 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 Injectaclad, 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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