Light Science Technologies (LON:LST) Shares Down 3.4% – Should You Sell?

Light Science Technologies Holdings Plc (LON:LST) shares traded down 3.4% on Monday. The stock traded as low as GBX 1.43 and last traded at GBX 1.55. 2,394,084 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 5,360,789 shares. The stock had previously closed at GBX 1.60.

Wall Street Analyst Weigh In

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

Light Science Technologies Stock Down 3.4%

The firm has a market capitalization of £15.24 million, a PE ratio of -4.84 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. The company has a 50-day moving average price of GBX 1.68 and a 200 day moving average price of GBX 1.70.

Light Science Technologies (LON:LST) last posted its quarterly 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.