Light Science Technologies (LON:LST) Trading 0.3% Higher – Here’s What Happened

Light Science Technologies Holdings Plc (LON:LST)’s stock price shot up 0.3% during mid-day trading on Tuesday . The company traded as high as GBX 2.39 ($0.03) and last traded at GBX 2.36 ($0.03). 10,774,426 shares changed hands during mid-day trading, an increase of 828% from the average session volume of 1,161,593 shares. The stock had previously closed at GBX 2.35 ($0.03).

Light Science Technologies Trading Up 0.3 %

The firm’s 50-day simple moving average is GBX 2.61 and its 200 day simple moving average is GBX 2.74. The company has a debt-to-equity ratio of 132.53, a current ratio of 1.14 and a quick ratio of 1.06. The firm has a market capitalization of £7.64 million, a price-to-earnings ratio of -277.00 and a beta of -0.82.

Insider Transactions at Light Science Technologies

In related news, insider Simon Lincoln Deacon purchased 603,613 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The shares were bought at an average cost of GBX 3 ($0.04) per share, with a total value of £18,108.39 ($22,325.72). 54.28% of the stock is owned by insiders.

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.