Light Science Technologies (LON:LST) Shares Down 2% – Here’s Why

Light Science Technologies Holdings Plc (LON:LST)’s share price was down 2% during trading on Wednesday . The stock traded as low as GBX 2.50 ($0.03) and last traded at GBX 2.50 ($0.03). Approximately 92,042 shares traded hands during trading, a decline of 92% from the average daily volume of 1,146,846 shares. The stock had previously closed at GBX 2.55 ($0.03).

Light Science Technologies Stock Down 2.0 %

The stock’s 50-day moving average is GBX 2.59 and its 200-day moving average is GBX 2.69. The stock has a market cap of £8.10 million, a P/E ratio of -277.00 and a beta of -0.82. The company has a current ratio of 1.14, a quick ratio of 1.06 and a debt-to-equity ratio of 132.53.

Insiders Place Their Bets

In other Light Science Technologies 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 acquired at an average cost of GBX 3 ($0.04) per share, for a total transaction of £18,108.39 ($22,539.69). Corporate insiders own 54.28% of the company’s stock.

Light Science Technologies Company Profile

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.