Insider Buying: Power Probe (LON:PWR) Insider Purchases £9,931.68 in Stock

Power Probe (LON:PWRGet Free Report) insider Michael Sherwin acquired 15,048 shares of the company’s stock in a transaction on Thursday, July 2nd. The stock was acquired at an average cost of GBX 66 per share, with a total value of £9,931.68.

Power Probe Stock Performance

Power Probe stock opened at GBX 66 on Friday. The business has a 50-day simple moving average of GBX 69.94. The company has a market cap of £48.64 million and a P/E ratio of 13.15. Power Probe has a twelve month low of GBX 65 and a twelve month high of GBX 103.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reissued a “house stock” rating on shares of Power Probe in a research note on Wednesday, June 10th.

Read Our Latest Research Report on Power Probe

Power Probe Company Profile

(Get Free Report)

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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