Legend Power Systems (CVE:LPS) Stock Price Up 9.7% – Should You Buy?

Legend Power Systems Inc. (CVE:LPS) traded up 9.7% on Friday . The stock traded as high as C$0.17 and last traded at C$0.17. 469,700 shares were traded during mid-day trading, an increase of 235% from the average daily volume of 140,117 shares. The stock had previously closed at C$0.15.

Legend Power Systems Trading Up 3.2%

The firm has a market capitalization of C$25.02 million, a PE ratio of -16.00 and a beta of 1.03. The company has a debt-to-equity ratio of 129.51, a quick ratio of 5.98 and a current ratio of 0.95. The firm has a fifty day moving average of C$0.19 and a 200 day moving average of C$0.13.

Insider Buying and Selling at Legend Power Systems

In other news, Director Jonathan Lansky sold 135,000 shares of Legend Power Systems stock in a transaction dated Friday, September 4th. The stock was sold at an average price of C$0.20, for a total transaction of C$27,000.00. Insiders sold 209,300 shares of company stock worth $41,860 in the last three months. 14.96% of the stock is owned by company insiders.

Legend Power Systems Company Profile

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.