Light Science Technologies (LON:LST) Posts Quarterly Earnings Results

Light Science Technologies (LON:LSTGet Free Report) posted its quarterly earnings data on Thursday. The company reported GBX (0.08) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Light Science Technologies had a negative return on equity of 64.06% and a negative net margin of 11.34%.

Light Science Technologies Trading Down 10.9%

Shares of LON LST traded down GBX 0.17 during trading hours on Thursday, hitting GBX 1.43. 21,625,252 shares of the company traded hands, compared to its average volume of 5,179,421. The stock has a market capitalization of £14.02 million, a price-to-earnings ratio of -4.75 and a beta of 0.07. The company has a current ratio of 0.89, a quick ratio of 1.06 and a debt-to-equity ratio of 146.32. The company’s 50 day moving average price is GBX 1.71 and its 200 day moving average price is GBX 2.13. Light Science Technologies has a 12 month low of GBX 1 and a 12 month high of GBX 7.10.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Light Science Technologies in a research note on Thursday.

View Our Latest Stock Report on LST

About Light Science Technologies

(Get Free Report)

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.

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