Light Science Technologies’ (LST) “House Stock” Rating Reiterated at Shore Capital Group

Shore Capital Group reiterated their house stock rating on shares of Light Science Technologies (LON:LST) in a report issued on Wednesday morning,Digital Look reports. The brokerage currently has a GBX 4.60 price objective on the stock.

Light Science Technologies Stock Up 2.4%

Shares of LON:LST opened at GBX 1.92 on Wednesday. The company has a market capitalization of £18.89 million, a price-to-earnings ratio of -6.00 and a beta of 0.07. Light Science Technologies has a 12-month low of GBX 1 and a 12-month high of GBX 7.10. The business has a 50-day moving average price of GBX 1.67 and a 200 day moving average price of GBX 1.83. The company has a current ratio of 1.11, a quick ratio of 1.06 and a debt-to-equity ratio of 18.33.

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