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 research analysts at Shore Capital Group in a research note issued on Wednesday,Digital Look reports. They currently have a GBX 4.60 price target on the stock. Shore Capital Group’s price objective would suggest a potential upside of 130.23% from the stock’s previous close.

Light Science Technologies Stock Down 0.1%

Light Science Technologies stock opened at GBX 2 on Wednesday. Light Science Technologies has a 1-year low of GBX 1 and a 1-year high of GBX 7.10. The firm has a market capitalization of £19.66 million, a price-to-earnings ratio of -6.66 and a beta of 0.06. The firm’s fifty day moving average price is GBX 1.81 and its two-hundred day moving average price is GBX 3.09. 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 (LON:LST) last released its quarterly earnings data on Friday, April 24th. The company reported GBX (0.30) earnings per share for the quarter. Light Science Technologies had a negative net margin of 11.34% and a negative return on equity of 64.06%. The business had revenue of GBX 863 million during the quarter.

Light Science Technologies Company Profile

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.