Light Science Technologies (LON:LST) Announces Earnings Results

Light Science Technologies (LON:LST) posted its earnings results on Friday. The company reported GBX (0.30) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Light Science Technologies had a net margin of 0.81% and a return on equity of 4.83%. The firm had revenue of GBX 863 million during the quarter.

Light Science Technologies Stock Performance

LON LST traded down GBX 0.23 during midday trading on Friday, hitting GBX 1.40. The company had a trading volume of 14,755,461 shares, compared to its average volume of 4,857,250. The company has a quick ratio of 1.06, a current ratio of 1.10 and a debt-to-equity ratio of 90.52. The stock has a market cap of £5.47 million, a price-to-earnings ratio of 46.67 and a beta of -0.82. The firm has a fifty day simple moving average of GBX 2.05 and a two-hundred day simple moving average of GBX 3.75. Light Science Technologies has a fifty-two week low of GBX 1 and a fifty-two week high of GBX 7.10.

Analysts Set New Price Targets

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Light Science Technologies in a research note on Thursday, April 9th.

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. 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.

LSTH is the holding company for Light Science Technologies Ltd (“Light Science Technologies”) and Tomtech (UK) Limited (“Tomtech”) in the CEA division; UK Circuits and Electronics Solutions Limited (“UK Circuits”) in the CEM division; and LSTH IFB Limited (“LSTH IFB”) in the PFP division.

Controlled Environment Agriculture
The Group’s tailored solutions encompass control systems, grow lights, sensor technology, venting, and irrigation systems, catering to both UK and global customers.