Active Power Inc (ACPW): James E. Iii Devenny, , director of Active Power Inc purchased 20,000 shares on May 4, 2016. The Insider buying transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were purchased at $0.58 per share for a total value of $11,600.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 6, 2016, James E. Iii Devenny, (director) purchased 45,000 shares at $0.81 per share price.On May 2, 2016, Steven Sams (director) purchased 20,000 shares at $0.58 per share price.Also, On Mar 15, 2016, Daryl Dulaney (director) purchased 40,000 shares at $1.03 per share price.On Jun 15, 2015, Robert S Greenberg (director) purchased 5,000 shares at $2.07 per share price.
Active Power (ACPW) witnessed a volatile trading activity on Wednesday May 4, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $0.57 and reached the intraday high at $0.5799. The bulls started the profit booking and pushed the shares to intraday low of $0.57. The trading session was marked by a volume range of 1,36,791 shares exchanging hands. The 52-week high of the shares is $2.41 and the 52-week low is $0.51. The market cap of the company stands at $13 M and there are 2,31,10,059 shares in public circulation.
Active Power Inc. designs manufactures sells and services flywheel-based uninterruptible power supply (UPS) products that use kinetic energy to provide short-term power as a cleaner alternative to electro-chemical battery-based energy storage. The Company also designs manufactures sells and services modular infrastructure solutions (MIS) that integrate critical power components into a pre-packaged purpose built enclosure. Its UPS products and solutions are designed to deliver continuous conditioned power during short-term power disturbances and outages such as voltage sags and surges and to provide ride-through power in the event of a utility failure supporting operations until utility power is restored or a longer term alternative power source such as a diesel generator is started. Its flywheel-based UPS products are sold under the brand name CleanSource UPS.