Light Science Technologies Holdings Plc (LON:LST – Get Free Report)’s share price was up 9.7% on Friday . The stock traded as high as GBX 1.70 and last traded at GBX 1.59. Approximately 32,552,994 shares traded hands during mid-day trading, an increase of 508% from the average daily volume of 5,358,448 shares. The stock had previously closed at GBX 1.45.
Analyst Upgrades and Downgrades
Separately, Shore Capital Group reiterated a “house stock” rating on shares of Light Science Technologies in a research note on Thursday.
Check Out Our Latest Stock Report on Light Science Technologies
Light Science Technologies Stock Up 9.7%
Light Science Technologies (LON:LST – Get Free Report) last announced its quarterly 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 64.06% and a negative net margin of 11.34%.
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.
Further Reading
- Five stocks we like better than Light Science Technologies
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Receive News & Ratings for Light Science Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Light Science Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
