Light Science Technologies (LON:LST) Trading Down 7.3% – Time to Sell?

Light Science Technologies Holdings Plc (LON:LSTGet Free Report) traded down 7.3% on Wednesday . The company traded as low as GBX 3.80 and last traded at GBX 3.80. 1,960,796 shares changed hands during mid-day trading, an increase of 148% from the average session volume of 789,325 shares. The stock had previously closed at GBX 4.10.

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Light Science Technologies in a research note on Wednesday, October 15th.

View Our Latest Analysis on Light Science Technologies

Light Science Technologies Stock Performance

The business’s 50 day simple moving average is GBX 4.60 and its two-hundred day simple moving average is GBX 4.17. The firm has a market capitalization of £12.32 million, a PE ratio of 126.67 and a beta of -0.82. The company has a current ratio of 1.14, a quick ratio of 1.06 and a debt-to-equity ratio of 161.35.

About Light Science Technologies

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Light Science Technologies Holdings plc operates through three divisions: controlled environment agriculture (“CEA”); contract electronics manufacturing (“CEM”); and passive fire protection (“PFP”). The company is involved in the design, manufacturing, and installation of products and customized solutions spanning various industry sectors, including commercial horticulture, pest control, lighting, audio, gas detection, and fire protection. 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.

LSTH is the holding company for Light Science Technologies Ltd (“Light Science Technologies”) and Tomtech (UK) Limited (“Tomtech”) in the CEA division; UK Circuits and Electronics Solutions Limited (“UK Circuits”) in the CEM division; and LSTH IFB Limited (“LSTH IFB”) in the PFP division.

Controlled Environment Agriculture
The Group’s tailored solutions encompass control systems, grow lights, sensor technology, venting, and irrigation systems, catering to both UK and global customers.

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