Light Science Technologies (LON:LST) Stock Price Up 10.3% – Time to Buy?

Light Science Technologies Holdings Plc (LON:LST)’s share price was up 10.3% during mid-day trading on Friday. The stock traded as high as GBX 0.80 and last traded at GBX 0.80. Approximately 1,260,650 shares traded hands during trading, a decline of 77% from the average daily volume of 5,369,336 shares. The stock had previously closed at GBX 0.72.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reissued a “house stock” rating on shares of Light Science Technologies in a report on Tuesday, September 22nd.

Light Science Technologies Price Performance

The company has a debt-to-equity ratio of 18.33, a current ratio of 1.11 and a quick ratio of 1.06. The stock has a market capitalization of £7.87 million, a P/E ratio of -2.50 and a beta of 0.07. The company’s 50 day simple moving average is GBX 1.24 and its two-hundred day simple moving average is GBX 1.84.

Light Science Technologies (LON:LST) last posted its quarterly earnings data on Thursday, August 13th. The company reported GBX (0.08) earnings per share 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”); contract electronics manufacturing (“CEM”) and AgTech (“AGT”). 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 fire protection, food security and climate change, the Group is committed to developing robust solutions in these rapidly growing market sectors.