Light Science Technologies (LON:LST) Stock Price Down 8.3% – Should You Sell?

Light Science Technologies Holdings Plc (LON:LSTGet Free Report)’s stock price fell 8.3% on Wednesday . The stock traded as low as GBX 1.60 and last traded at GBX 1.65. 2,525,168 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 5,729,103 shares. The stock had previously closed at GBX 1.80.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reiterated a “house stock” rating and set a GBX 4.60 price target on shares of Light Science Technologies in a report on Wednesday.

Check Out Our Latest Report on Light Science Technologies

Light Science Technologies Price Performance

The stock has a market capitalization of £13.45 million, a price-to-earnings ratio of -4.56 and a beta of 0.06. The company has a quick ratio of 1.06, a current ratio of 0.89 and a debt-to-equity ratio of 146.32. The stock has a fifty day moving average of GBX 1.95 and a 200-day moving average of GBX 2.84.

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

About Light Science Technologies

(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.

Further Reading

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