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

Light Science Technologies Holdings Plc (LON:LST) shares reached a new 52-week low on Monday. The company traded as low as GBX 1 and last traded at GBX 1.05, with a volume of 1,725,226 shares trading hands. The stock had previously closed at GBX 1.04.

Wall Street Analysts Forecast Growth

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

Light Science Technologies Price Performance

The firm’s 50-day moving average is GBX 1.56 and its two-hundred day moving average is GBX 1.69. The company has a market cap of £10.31 million, a P/E ratio of -3.27 and a beta of 0.07. The company has a debt-to-equity ratio of 18.33, a current ratio of 1.11 and a quick ratio of 1.06.

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

About Light Science Technologies

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.