Light Science Technologies (LON:LST) Issues Earnings Results

Light Science Technologies (LON:LST) announced its quarterly earnings data on Thursday. The company reported GBX (0.08) earnings per share for the quarter, Digital Look Earnings reports. Light Science Technologies had a negative return on equity of 64.06% and a negative net margin of 11.34%.

Light Science Technologies Stock Performance

LON LST traded down GBX 0.17 on Thursday, hitting GBX 1.43. The stock had a trading volume of 21,625,252 shares, compared to its average volume of 5,179,421. Light Science Technologies has a one year low of GBX 1 and a one year high of GBX 7.10. The company has a quick ratio of 1.06, a current ratio of 0.89 and a debt-to-equity ratio of 146.32. The stock has a market cap of £14.02 million, a price-to-earnings ratio of -4.75 and a beta of 0.07. The company’s 50-day moving average is GBX 1.71 and its two-hundred day moving average is GBX 2.13.

Wall Street Analysts Forecast Growth

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

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.