Power Probe (LON:PWR – Get Free Report) insider Jose María García Riera acquired 25,000 shares of the company’s stock in a transaction on Friday, October 9th. The shares were purchased at an average cost of GBX 59 per share, with a total value of £14,750.
Power Probe Stock Up 1.0%
PWR stock opened at GBX 62.10 on Wednesday. Power Probe has a twelve month low of GBX 43 and a twelve month high of GBX 103. The stock has a market capitalization of £45.77 million and a price-to-earnings ratio of 27.39. The firm’s fifty day simple moving average is GBX 58 and its two-hundred day simple moving average is GBX 65.81.
Wall Street Analyst Weigh In
Separately, Shore Capital Group reiterated a “house stock” rating on shares of Power Probe in a report on Thursday, July 30th.
Power Probe Company Profile
Power Probe was founded in 1992 in California, USA, and has grown to become an internationally renowned brand, designing and distributing over 120 products. It is driven by a relentless focus on product quality, continuous innovation and customer care, as captured in its mission statement: “Simplifying Automotive Diagnostics”.
The Group aims to deliver sustainable, profitable growth and drive long-term value for its shareholders by pursuing this core mission, and its strategy is focused around three primary objectives:
1.
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