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

Light Science Technologies Holdings Plc (LON:LST)’s share price 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 were traded 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.

Analysts Set New Price Targets

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

Light Science Technologies Stock Down 0.5%

The stock has a market capitalization of £15.64 million, a price-to-earnings ratio of 160.90 and a beta of -0.82. The firm’s 50 day simple moving average is GBX 4.52 and its 200-day simple moving average is GBX 3.84. The company has a current ratio of 1.14, a quick ratio of 1.06 and a debt-to-equity ratio of 161.35.

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.