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

Shore Capital Group restated their house stock rating on shares of Light Science Technologies (LON:LST) in a research report released on Thursday morning, MarketBeat reports.

Light Science Technologies Price Performance

Shares of LON:LST opened at GBX 1.59 on Thursday. Light Science Technologies has a 52 week low of GBX 1 and a 52 week high of GBX 7.10. The business has a fifty day simple moving average of GBX 1.68 and a 200-day simple moving average of GBX 2.10. The company has a quick ratio of 1.06, a current ratio of 0.89 and a debt-to-equity ratio of 146.32. The company has a market cap of £15.65 million, a P/E ratio of -5.30 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) earnings per share (EPS) for the quarter. Light Science Technologies had a negative net margin of 11.34% and a negative return on equity of 64.06%.

About Light Science Technologies

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.