Light Science Technologies (LON:LST) Stock Price Up 8.4% – Should You Buy?

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 were traded 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.

Wall Street Analyst Weigh In

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

Light Science Technologies Stock Up 2.6%

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 company has a market capitalization of £15.96 million, a PE ratio of 164.17 and a beta of -0.82. The firm’s 50-day simple moving average is GBX 4.99 and its 200 day simple moving average is GBX 3.97.

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.