Light Science Technologies (LON:LST) Hits New 1-Year Low – Time to Sell?

Shares of Light Science Technologies Holdings Plc (LON:LST) hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as GBX 1 and last traded at GBX 1.05, with a volume of 2,365,154 shares trading hands. The stock had previously closed at GBX 1.02.

Wall Street Analysts Forecast Growth

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

Light Science Technologies Trading Up 2.4%

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 company has a market cap of £10.33 million, a price-to-earnings ratio of -3.28 and a beta of 0.07. The business has a 50 day simple moving average of GBX 1.61 and a 200 day simple moving average of GBX 1.69.

Light Science Technologies (LON:LST) last announced its earnings results on Thursday, August 13th. The company reported GBX (0.08) 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.