Light Science Technologies (LON:LST) Trading 7.9% Higher – Time to Buy?

Light Science Technologies Holdings Plc (LON:LST) was up 7.9% during mid-day trading on Monday . The company traded as high as GBX 1.90 and last traded at GBX 1.75. 26,941,098 shares changed hands during trading, an increase of 393% from the average daily volume of 5,460,711 shares. The stock had previously closed at GBX 1.62.

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, August 13th.

Light Science Technologies Stock Up 10.8%

The firm’s 50-day moving average price is GBX 1.64 and its two-hundred day moving average price is GBX 2.01. The company has a debt-to-equity ratio of 146.32, a quick ratio of 1.06 and a current ratio of 0.89. The firm has a market cap of £17.71 million, a PE ratio of -6.00 and a beta of 0.07.

Light Science Technologies (LON:LST) last announced 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 64.06% and a negative net margin of 11.34%.

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.