Light Science Technologies (LON:LST) Stock Falls 3.4% – Time to Sell?

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

Analyst Upgrades and Downgrades

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

Light Science Technologies Trading Down 3.4%

The stock has a fifty day moving average of GBX 1.68 and a 200-day moving average of GBX 1.70. The company has a market cap 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 quick ratio of 1.06 and a current ratio of 1.11.

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

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.