Insider Selling: Proton Motor Power Systems Plc (LON:PPS) Insider Sells 550,000 Shares of Stock

Proton Motor Power Systems Plc (LON:PPS) insider Helmut Gierse sold 550,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 9th. The shares were sold at an average price of GBX 3 ($0.04), for a total transaction of £16,500 ($20,380.43).

Helmut Gierse also recently made the following trade(s):

• On Monday, March 18th, Helmut Gierse sold 50,000 shares of Proton Motor Power Systems stock. The shares were sold at an average price of GBX 4 ($0.05), for a total transaction of £2,000 ($2,470.36).

Proton Motor Power Systems Price Performance

LON:PPS opened at GBX 2.45 ($0.03) on Thursday. The business’s 50-day simple moving average is GBX 3.05 and its 200-day simple moving average is GBX 4.29. Proton Motor Power Systems Plc has a fifty-two week low of GBX 2.30 ($0.03) and a fifty-two week high of GBX 11.80 ($0.15). The stock has a market capitalization of £40.67 million, a PE ratio of -245.00 and a beta of 1.66.

About Proton Motor Power Systems

Proton Motor Power Systems Plc, together with its subsidiaries, designs, develops, manufactures, and tests fuel cells and fuel cell hybrid systems, and related technical components in the United Kingdom, Germany, rest of Europe, and internationally. The company offers solutions for renewable energy storage systems based on hydrogen.