Legend Power Systems Inc. (CVE:LPS – Get Free Report)’s stock price fell 22.5% during mid-day trading on Wednesday after an insider sold shares in the company. The company traded as low as C$0.15 and last traded at C$0.15. Approximately 358,285 shares were traded during mid-day trading, an increase of 169% from the average session volume of 133,381 shares. The stock had previously closed at C$0.20.
Specifically, Director Jonathan Lansky sold 135,000 shares of the business’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of C$0.20, for a total transaction of C$27,000.00.
Legend Power Systems Stock Down 22.5%
The firm’s fifty day moving average price is C$0.19 and its two-hundred day moving average price is C$0.13. The stock has a market cap of C$24.24 million, a price-to-earnings ratio of -15.50 and a beta of 1.03. The company has a debt-to-equity ratio of 129.51, a current ratio of 0.95 and a quick ratio of 5.98.
About Legend Power Systems
Legend Power Systems Inc, together with its subsidiaries, operates as an electrical energy conservation company in Canada and the United States. It assembles, markets, and sells SmartGATE, a patented device that enables dynamic power management of commercial or industrial Buildings. The company was founded in 1987 and is based in Vancouver, Canada.
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