Legend Power Systems (CVE:LPS) Shares Down 9.7% – What’s Next?

Legend Power Systems Inc. (CVE:LPS) fell 9.7% during mid-day trading on Wednesday . The stock traded as low as C$0.13 and last traded at C$0.14. Approximately 481,821 shares changed hands during trading, an increase of 239% from the average daily volume of 142,076 shares. The stock had previously closed at C$0.15.

Legend Power Systems Trading Down 9.7%

The company has a market cap of C$21.90 million, a P/E ratio of -14.00 and a beta of 1.03. The business has a fifty day simple moving average of C$0.19 and a 200 day simple moving average of 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.

Insider Buying and Selling at Legend Power Systems

In other news, Director Jonathan Lansky sold 135,000 shares of the firm’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of C$0.20, for a total value of C$27,000.00. Insiders have sold 209,300 shares of company stock worth $41,860 over the last 90 days. 14.96% of the stock is currently owned by corporate 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.