Light Science Technologies (LON:LST) Trading Down 1.4% – Here’s What Happened

Light Science Technologies Holdings Plc (LON:LST) traded down 1.4% during trading on Monday . The company traded as low as GBX 4.73 and last traded at GBX 4.88. 737,634 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 1,504,571 shares. The stock had previously closed at GBX 4.95.

Analyst Ratings Changes

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

Light Science Technologies Stock Performance

The company has a quick ratio of 1.06, a current ratio of 1.14 and a debt-to-equity ratio of 161.35. The firm has a 50-day simple moving average of GBX 4.45 and a 200 day simple moving average of GBX 3.82. The company has a market cap of £15.82 million, a price-to-earnings ratio of 162.67 and a beta of -0.82.

Light Science Technologies Company Profile

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.