Light Science Technologies (LON:LST) Posts Quarterly Earnings Results

Light Science Technologies (LON:LST) released its earnings results on Thursday. The company reported GBX (0.08) EPS for the quarter, Digital Look Earnings reports. Light Science Technologies had a negative net margin of 11.34% and a negative return on equity of 64.06%.

Light Science Technologies Stock Down 10.9%

Shares of LON LST traded down GBX 0.17 during midday trading on Thursday, reaching GBX 1.43. 21,625,252 shares of the company’s stock were exchanged, compared to its average volume of 5,179,421. The company has a debt-to-equity ratio of 146.32, a quick ratio of 1.06 and a current ratio of 0.89. Light Science Technologies has a 52-week low of GBX 1 and a 52-week high of GBX 7.10. The business’s fifty day moving average price is GBX 1.71 and its two-hundred day moving average price is GBX 2.13. The stock has a market capitalization of £14.02 million, a PE ratio of -4.75 and a beta of 0.07.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Light Science Technologies in a report on Thursday.

Light Science Technologies Company Profile

Light Science Technologies Holdings plc (“LSTH”) operates through three divisions: Passive fire protection (“PFP”); AgTech (“AGT”) and contract electronics manufacturing (“CEM”). 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 food security, climate change, and fire protection, 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 Injectclad, 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.