Legend Power Systems Inc. (CVE:LPS – Get Free Report) fell 22.5% during trading on Wednesday after an insider sold shares in the company. The stock traded as low as C$0.15 and last traded at C$0.15. Approximately 358,285 shares changed hands during mid-day trading, an increase of 169% from the average daily volume of 133,381 shares. The stock had previously closed at C$0.20.
Specifically, Director Jonathan Lansky sold 135,000 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The stock was 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 has a market cap of C$24.24 million, a P/E ratio of -15.50 and a beta of 1.03. The stock’s 50 day simple moving average is C$0.19 and its 200 day simple moving average is C$0.13. The company has a debt-to-equity ratio of 129.51, a quick ratio of 5.98 and a current ratio of 0.95.
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.
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