Light Science Technologies (LON:LST) Stock Price Up 8.5% – Here’s What Happened

Light Science Technologies Holdings Plc (LON:LSTGet Free Report) rose 8.5% during trading on Wednesday . The company traded as high as GBX 1.25 and last traded at GBX 1.25. Approximately 7,338,867 shares were traded during trading, an increase of 75% from the average daily volume of 4,185,963 shares. The stock had previously closed at GBX 1.15.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reissued a “house stock” rating on shares of Light Science Technologies in a report on Thursday, April 9th.

Get Our Latest Stock Analysis on LST

Light Science Technologies Stock Performance

The company has a current ratio of 1.10, a quick ratio of 1.06 and a debt-to-equity ratio of 90.52. The firm has a market cap of £5.55 million, a price-to-earnings ratio of 47.33 and a beta of -0.82. The stock has a fifty day moving average price of GBX 2.27 and a 200 day moving average price of GBX 3.83.

About Light Science Technologies

(Get Free Report)

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.

Further Reading

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