Light Science Technologies (LON:LST) Stock Price Down 2.7% – Should You Sell?

Light Science Technologies Holdings Plc (LON:LST)’s stock price traded down 2.7% during trading on Tuesday . The stock traded as low as GBX 4.31 and last traded at GBX 4.43. 1,699,610 shares changed hands during mid-day trading, an increase of 17% from the average session volume of 1,457,185 shares. The stock had previously closed at GBX 4.55.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Light Science Technologies in a report 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 business has a 50 day moving average price of GBX 4.91 and a two-hundred day moving average price of GBX 3.93. The stock has a market cap of £14.35 million, a P/E ratio of 147.60 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.