Light Science Technologies’ (LST) “House Stock” Rating Reaffirmed at Shore Capital Group

Light Science Technologies (LON:LST)‘s stock had its “house stock” rating reissued by research analysts at Shore Capital Group in a report released on Wednesday,London Stock Exchange reports. They currently have a GBX 4.60 price objective on the stock. Shore Capital Group’s price target indicates a potential upside of 156.55% from the company’s previous close.

Light Science Technologies Price Performance

Light Science Technologies stock opened at GBX 1.79 on Wednesday. The company’s 50 day simple moving average is GBX 1.93 and its 200-day simple moving average is GBX 2.88. The company has a debt-to-equity ratio of 146.32, a quick ratio of 1.06 and a current ratio of 0.89. Light Science Technologies has a 1 year low of GBX 1 and a 1 year high of GBX 7.10. The company has a market capitalization of £17.65 million, a price-to-earnings ratio of -5.98 and a beta of 0.06.

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. Light Science Technologies had a negative return on equity of 64.06% and a negative net margin of 11.34%.The firm had revenue of GBX 863 million for the quarter.

About Light Science Technologies

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.