Light Science Technologies (LON:LST) Stock Jumps 10.3% – Here’s Why

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

Analyst Upgrades and Downgrades

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

Light Science Technologies Trading Up 10.3%

The firm has a market cap of £7.87 million, a price-to-earnings ratio of -2.50 and a beta of 0.07. The company has a fifty day moving average price of GBX 1.25 and a 200-day moving average price of GBX 1.86. The company has a current ratio of 1.11, a quick ratio of 1.06 and a debt-to-equity ratio of 18.33.

Light Science Technologies (LON:LST) last posted its earnings results on Thursday, August 13th. The company reported GBX (0.08) 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”); 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.