Light Science Technologies (LON:LST) Shares Down 14.4%

Light Science Technologies Holdings Plc (LON:LST)’s share price was down 14.4% during mid-day trading on Tuesday . The stock traded as low as GBX 2.70 ($0.03) and last traded at GBX 2.70 ($0.03). Approximately 538,022 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 946,424 shares. The stock had previously closed at GBX 3.16 ($0.04).

Light Science Technologies Stock Performance

The firm’s fifty day moving average price is GBX 2.67 and its 200-day moving average price is GBX 2.60. The company has a current ratio of 1.31, a quick ratio of 1.06 and a debt-to-equity ratio of 89.25. The firm has a market cap of £8.97 million, a price-to-earnings ratio of -276.70 and a beta of -1.02.

Insider Activity

In related news, insider Graham Cooley bought 2,420,000 shares of the stock in a transaction dated Thursday, May 9th. The stock was acquired at an average price of GBX 3 ($0.04) per share, for a total transaction of £72,600 ($92,096.92). Company insiders own 67.01% of the company’s stock.

Light Science Technologies Company Profile

Light Science Technologies Holdings Plc develops and manufactures electronic boards. It operates in two segments: Contract Electronics Manufacture and Controlled Environment Agriculture. The company offers lighting and technology products for the controlled environment agriculture sector. It also provides PCBs that are used in various sectors, including audio, automotive, electronics, gas detection, lighting, and pest control.