Light Science Technologies (LON:LST) Hits New 52-Week Low – Time to Sell?

Light Science Technologies Holdings Plc (LON:LST) hit a new 52-week low on Wednesday. The stock traded as low as GBX 1 and last traded at GBX 1.09, with a volume of 7831129 shares changing hands. The stock had previously closed at GBX 1.05.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group restated a “house stock” rating on shares of Light Science Technologies in a research note on Tuesday, September 22nd.

Light Science Technologies Trading Up 3.7%

The business has a fifty day moving average of GBX 1.67 and a 200-day moving average of GBX 1.69. The company has a debt-to-equity ratio of 18.33, a quick ratio of 1.06 and a current ratio of 1.11. The company has a market capitalization of £10.72 million, a P/E ratio of -3.40 and a beta of 0.07.

Light Science Technologies (LON:LST) last released its quarterly earnings data on Thursday, August 13th. The company reported GBX (0.08) earnings per share for the quarter. Light Science Technologies had a negative return on equity of 29.91% and a negative net margin of 16.68%.

Light Science Technologies Company Profile

Light Science Technologies Holdings plc (“LSTH”) operates through three divisions: Passive fire protection (“PFP”); contract electronics manufacturing (“CEM”) and AgTech (“AGT”). 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 fire protection, food security and climate change, 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 Injectaclad, 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.