Light Science Technologies (LON:LST) Trading Down 8.7% – Should You Sell?
by Michael Walen · The Markets DailyLight Science Technologies Holdings Plc (LON:LST – Get Free Report)’s stock price fell 8.7% on Wednesday . The stock traded as low as GBX 1.50 and last traded at GBX 1.73. 15,534,356 shares were traded during trading, an increase of 184% from the average daily volume of 5,473,912 shares. The stock had previously closed at GBX 1.90.
Wall Street Analyst Weigh In
Separately, Shore Capital Group restated a “house stock” rating and set a GBX 4.60 price objective on shares of Light Science Technologies in a research report on Wednesday, September 9th.
View Our Latest Research Report on Light Science Technologies
Light Science Technologies Trading Down 8.7%
The company has a current ratio of 1.11, a quick ratio of 1.06 and a debt-to-equity ratio of 18.33. The company has a market cap of £17.06 million, a PE ratio of -5.42 and a beta of 0.07. The business’s 50-day simple moving average is GBX 1.67 and its 200-day simple moving average is GBX 1.80.
Light Science Technologies (LON:LST – Get Free Report) last posted its quarterly 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
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.