Light Science Technologies (LON:LST) Stock Price Down 13.8% – Should You Sell?

Light Science Technologies Holdings Plc (LON:LST) shares fell 13.8% on Friday . The stock traded as low as GBX 1.30 and last traded at GBX 1.40. 4,075,666 shares changed hands during trading, a decline of 14% from the average session volume of 4,720,330 shares. The stock had previously closed at GBX 1.63.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group restated a “house stock” rating on shares of Light Science Technologies in a research report on Friday.

Light Science Technologies Stock Down 13.8%

The firm’s 50-day moving average price is GBX 2.01 and its 200 day moving average price is GBX 3.73. The firm has a market capitalization of £5.47 million, a price-to-earnings ratio of 46.67 and a beta of -0.82. The company has a debt-to-equity ratio of 90.52, a current ratio of 1.10 and a quick ratio of 1.06.

Light Science Technologies (LON:LST) last released its quarterly earnings results on Friday, April 24th. The company reported GBX (0.30) EPS for the quarter. The business had revenue of GBX 863 million during the quarter. Light Science Technologies had a net margin of 0.81% and a return on equity of 4.83%.

About Light Science Technologies

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. 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.

LSTH is the holding company for Light Science Technologies Ltd (“Light Science Technologies”) and Tomtech (UK) Limited (“Tomtech”) in the CEA division; UK Circuits and Electronics Solutions Limited (“UK Circuits”) in the CEM division; and LSTH IFB Limited (“LSTH IFB”) in the PFP division.

Controlled Environment Agriculture
The Group’s tailored solutions encompass control systems, grow lights, sensor technology, venting, and irrigation systems, catering to both UK and global customers.