Legend Power Systems (CVE:LPS) Stock Falls 6.7% – What’s Next?

Legend Power Systems Inc. (CVE:LPS)’s stock price was down 6.7% during mid-day trading on Thursday. The stock traded as low as C$0.14 and last traded at C$0.14. 27,591 shares changed hands during trading, a decline of 80% from the average daily volume of 137,387 shares. The stock had previously closed at C$0.15.

Legend Power Systems Price Performance

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’s 50-day moving average is C$0.18 and its 200 day moving average is C$0.14. The firm has a market capitalization of C$21.11 million, a PE ratio of -13.50 and a beta of 1.03.

Insider Transactions at Legend Power Systems

In other Legend Power Systems news, Director Jonathan Lansky sold 135,000 shares of the company’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 a total of 209,300 shares of company stock worth $41,860 in the last ninety days. Insiders own 14.96% of the company’s stock.

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.