Shore Capital Group Reaffirms “House Stock” Rating for Light Science Technologies (LON:LST)

Light Science Technologies (LON:LST)‘s stock had its “house stock” rating reaffirmed by analysts at Shore Capital Group in a research note issued to investors on Friday,Digital Look reports.

Light Science Technologies Stock Down 13.8%

Shares of LST stock traded down GBX 0.23 during trading hours on Friday, reaching GBX 1.40. The company had a trading volume of 14,755,461 shares, compared to its average volume of 4,857,250. The company has a market cap of £5.47 million, a price-to-earnings ratio of 46.67 and a beta of -0.82. The company has a debt-to-equity ratio of 90.52, a current ratio of 1.10 and a quick ratio of 1.06. Light Science Technologies has a 12 month low of GBX 1 and a 12 month high of GBX 7.10. The business has a fifty day simple moving average of GBX 2.05 and a 200-day simple moving average of GBX 3.75.

Light Science Technologies (LON:LST) last announced its quarterly earnings results on Friday, April 24th. The company reported GBX (0.30) earnings per share (EPS) 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 for 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.