Light Science Technologies (LON:LST) Stock Jumps 11.9% – What’s Next?

Light Science Technologies Holdings Plc (LON:LST) traded up 11.9% on Tuesday. The company traded as high as GBX 1.70 and last traded at GBX 1.65. 4,651,996 shares traded hands during trading, a decline of 13% from the average daily volume of 5,364,443 shares. The stock had previously closed at GBX 1.48.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Light Science Technologies in a research report on Tuesday, September 22nd.

Light Science Technologies Price Performance

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 market capitalization of £16.24 million, a price-to-earnings ratio of -5.16 and a beta of 0.07. The stock has a 50 day moving average price of GBX 1.69 and a two-hundred day moving average price of GBX 1.69.

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

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.