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

Light Science Technologies (LON:LST)‘s stock had its “house stock” rating reiterated by research analysts at Shore Capital Group in a research note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 4.60 price target on the stock. Shore Capital Group’s price target suggests a potential upside of 145.99% from the stock’s current price.

Light Science Technologies Stock Up 5.4%

Shares of LST stock opened at GBX 1.87 on Wednesday. The company has a debt-to-equity ratio of 18.33, a current ratio of 1.11 and a quick ratio of 1.06. Light Science Technologies has a one year low of GBX 1 and a one year high of GBX 7.10. The company’s fifty day moving average price is GBX 1.66 and its 200-day moving average price is GBX 1.86. The company has a market capitalization of £18.40 million, a price-to-earnings ratio of -5.84 and a beta of 0.07.

Light Science Technologies (LON:LST) last issued its quarterly 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 return on equity of 29.91% and a negative net margin of 16.68%.

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.