Light Science Technologies (LON:LST) Shares Up 8.4% – What’s Next?

Light Science Technologies Holdings Plc (LON:LST) was up 8.4% during mid-day trading on Tuesday . The stock traded as high as GBX 4.60 and last traded at GBX 4.50. Approximately 1,030,357 shares changed hands during trading, a decline of 29% from the average daily volume of 1,443,042 shares. The stock had previously closed at GBX 4.15.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “house stock” rating on shares of Light Science Technologies in a report on Wednesday, October 15th.

Light Science Technologies Trading Up 10.2%

The firm has a fifty day moving average of GBX 4.94 and a 200-day moving average of GBX 3.95. The company has a debt-to-equity ratio of 161.35, a quick ratio of 1.06 and a current ratio of 1.14. The stock has a market capitalization of £14.83 million, a price-to-earnings ratio of 152.50 and a beta of -0.82.

Light Science Technologies Company Profile

Light Science Technologies Holdings plc operates through three divisions: controlled environment agriculture (“CEA”); contract electronics manufacturing (“CEM”); and passive fire protection (“PFP”). The company is involved in the design, manufacturing, and installation of products and customized solutions spanning various industry sectors, including commercial horticulture, pest control, lighting, audio, gas detection, and fire protection.