Light Science Technologies (LON:LST) Stock Price Up 14.3% – Here’s What Happened

Shares of Light Science Technologies Holdings Plc (LON:LST) rose 14.3% on Friday . The stock traded as high as GBX 1.20 and last traded at GBX 1.20. Approximately 3,512,367 shares were traded during trading, an increase of 59% from the average daily volume of 2,212,692 shares. The stock had previously closed at GBX 1.05.

Light Science Technologies Stock Up 14.3%

The stock has a 50 day moving average of GBX 3.41 and a 200-day moving average of GBX 4.09. The firm has a market capitalization of £3.89 million, a P/E ratio of 40.00 and a beta of -0.82. The company has a debt-to-equity ratio of 90.52, a quick ratio of 1.06 and a current ratio of 1.10.

Light Science Technologies Company Profile

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.