Light Science Technologies (LON:LST) Trading Down 13.8% – What’s Next?

Light Science Technologies Holdings Plc (LON:LST)’s share price was down 13.8% on Friday . The stock traded as low as GBX 1.30 and last traded at GBX 1.40. Approximately 4,075,666 shares were traded during trading, a decline of 14% from the average daily volume of 4,720,330 shares. The stock had previously closed at GBX 1.63.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Light Science Technologies in a research note on Thursday, April 9th.

Light Science Technologies Stock Down 13.8%

The company has a market capitalization of £5.47 million, a P/E ratio of 46.67 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. The stock has a 50 day moving average price of GBX 2.05 and a 200 day moving average price of GBX 3.75.

Light Science Technologies (LON:LST) last issued its quarterly earnings results on Friday, April 24th. The company reported GBX (0.30) earnings per share for the quarter. Light Science Technologies had a return on equity of 4.83% and a net margin of 0.81%.The company had revenue of GBX 863 million during the quarter.

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.