Proton Power Systems (LON:PPS) Stock Crosses Below Fifty Day Moving Average of $23.25

Proton Power Systems Plc (LON:PPS)’s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $23.25 and traded as low as $20.28. Proton Power Systems shares last traded at $20.28, with a volume of 12,000 shares.

The stock has a fifty day moving average of GBX 23.25 and a two-hundred day moving average of GBX 24.05. The stock has a market cap of $142.66 million and a price-to-earnings ratio of -4.78.

In related news, insider Faiz Francois Nahab sold 385,000 shares of the company’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of GBX 28 ($0.37), for a total transaction of £107,800 ($140,859.79).

About Proton Power Systems (LON:PPS)

Proton Power Systems plc, together with its subsidiaries, designs, develops, manufactures, and tests fuel cells and fuel cell hybrid systems, and related technical components in Germany, rest of Europe, and internationally. The company offers hydrogen fuel cells and fuel cell hybrid systems, as well as UPS and solar batteries.

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