Power Probe (LON:PWR) Insider Ip Foo Wing Acquires 5,000 Shares of Stock

Power Probe (LON:PWR) insider Ip Foo Wing bought 5,000 shares of Power Probe stock in a transaction on Monday, November 2nd. The stock was purchased at an average price of GBX 56 per share, for a total transaction of £2,800.

Ip Foo Wing also recently made the following trade(s):

• On Wednesday, October 28th, Ip Foo Wing purchased 10,000 shares of Power Probe stock. The shares were purchased at an average cost of GBX 58 per share, for a total transaction of £5,800.
• On Friday, October 23rd, Ip Foo Wing bought 10,000 shares of Power Probe stock. The stock was purchased at an average cost of GBX 55 per share, with a total value of £5,500.

Power Probe Stock Up 0.9%

Shares of LON:PWR opened at GBX 55.50 on Wednesday. The company has a market cap of £40.90 million and a P/E ratio of 24.48. Power Probe has a 52 week low of GBX 43 and a 52 week high of GBX 103. The business has a fifty day simple moving average of GBX 55.87 and a 200-day simple moving average of GBX 68.64.

Analyst Ratings Changes

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.