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

Light Science Technologies (LON:LST)‘s stock had its “house stock” rating reiterated by Shore Capital Group in a research report issued on Wednesday,London Stock Exchange reports. They presently have a GBX 4.60 price target on the stock. Shore Capital Group’s price objective would suggest a potential upside of 156.55% from the stock’s current price.

Light Science Technologies Trading Down 0.4%

Shares of LST opened at GBX 1.79 on Wednesday. The firm’s 50-day moving average is GBX 1.93 and its two-hundred day moving average is GBX 2.88. The firm has a market capitalization of £17.65 million, a P/E ratio of -5.98 and a beta of 0.06. The company has a current ratio of 0.89, a quick ratio of 1.06 and a debt-to-equity ratio of 146.32. Light Science Technologies has a twelve month low of GBX 1 and a twelve month high of GBX 7.10.

Light Science Technologies (LON:LST) last announced its earnings results on Friday, April 24th. The company reported GBX (0.30) earnings per share (EPS) for the quarter. Light Science Technologies had a negative return on equity of 64.06% and a negative net margin of 11.34%.The business had revenue of GBX 863 million for the quarter.

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.