Light Science Technologies (LON:LST) Releases Earnings Results

Light Science Technologies (LON:LST) released its earnings results on Thursday. The company reported GBX (0.08) earnings per share for the quarter, Digital Look Earnings reports. Light Science Technologies had a negative net margin of 11.34% and a negative return on equity of 64.06%.

Light Science Technologies Trading Up 9.7%

LON LST traded up GBX 0.14 during trading on Friday, hitting GBX 1.59. The company had a trading volume of 32,552,994 shares, compared to its average volume of 5,358,448. The company has a current ratio of 0.89, a quick ratio of 1.06 and a debt-to-equity ratio of 146.32. Light Science Technologies has a one year low of GBX 1 and a one year high of GBX 7.10. The company has a market cap of £15.65 million, a price-to-earnings ratio of -5.30 and a beta of 0.07. The company’s fifty day moving average is GBX 1.68 and its 200-day moving average is GBX 2.10.

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 Thursday.

Light Science Technologies Company Profile

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.