Light Science Technologies (LON:LST) Stock Price Down 11.4% – What’s Next?

Light Science Technologies Holdings Plc (LON:LST)’s share price traded down 11.4% during mid-day trading on Wednesday . The company traded as low as GBX 3.10 and last traded at GBX 3.10. 674,913 shares traded hands during mid-day trading, a decline of 14% from the average session volume of 786,433 shares. The stock had previously closed at GBX 3.50.

Light Science Technologies Price Performance

The company has a market cap of £11.03 million, a PE ratio of 113.43 and a beta of -0.82. The company has a debt-to-equity ratio of 90.52, a current ratio of 1.10 and a quick ratio of 1.06. The stock’s 50-day moving average is GBX 3.99 and its 200 day moving average is GBX 4.17.

About Light Science Technologies

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.