Key Points
- Insider Jose María García Riera purchased 230,000 Power Probe shares at an average of GBX 63, investing £144,900. He also bought 25,000 shares for £14,750 on October 9.
- Power Probe shares opened at GBX 63.52, with a market capitalization of approximately £46.82 million and a price-to-earnings ratio of 28.02.
- Shore Capital Group reaffirmed its “house stock” rating on Power Probe in a July research report.
Power Probe (LON:PWR - Get Free Report) insider Jose María García Riera purchased 230,000 shares of the firm's stock in a transaction on Wednesday, October 14th. The stock was acquired at an average price of GBX 63 per share, for a total transaction of £144,900.
Jose María García Riera also recently made the following trade(s):
- On Friday, October 9th, Jose María García Riera purchased 25,000 shares of Power Probe stock. The stock was bought at an average cost of GBX 59 per share, for a total transaction of £14,750.
Power Probe Stock Up 0.8%
Shares of LON PWR opened at GBX 63.52 on Friday. The business has a fifty day simple moving average of GBX 57.89 and a 200-day simple moving average of GBX 65.74. The company has a market cap of £46.82 million and a price-to-earnings ratio of 28.02. Power Probe has a 12 month low of GBX 43 and a 12 month high of GBX 103.
Analyst Ratings Changes
Separately, Shore Capital Group reissued a "house stock" rating on shares of Power Probe in a research report on Thursday, July 30th.
Read Our Latest Analysis 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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