Power Probe (LON:PWR) Stock: Insider Ip Foo Wing Acquires 10,000 Shares

Key Points

  • Insider purchase: Ip Foo Wing acquired 10,000 Power Probe shares at GBX 55 each, for a total investment of £5,500.
  • Stock performance: PWR opened at GBX 54.12, with a £39.89 million market capitalization and a 52-week trading range of GBX 43 to GBX 103.
  • Analyst view: Shore Capital Group reiterated its “house stock” rating on Power Probe shares.

Power Probe (LON:PWR - Get Free Report) insider Ip Foo Wing bought 10,000 shares of the company's stock in a transaction dated Friday, October 23rd. The stock was acquired at an average price of GBX 55 per share, for a total transaction of £5,500.

Power Probe Stock Performance

PWR stock opened at GBX 54.12 on Tuesday. The stock has a market cap of £39.89 million and a P/E ratio of 23.87. The firm has a 50 day simple moving average of GBX 57.15 and a 200 day simple moving average of GBX 70.13. Power Probe has a 52 week low of GBX 43 and a 52 week high of GBX 103.

Analysts Set New Price Targets

Separately, Shore Capital Group reiterated a "house stock" rating on shares of Power Probe in a research report on Thursday, July 30th.

Read Our Latest Research Report on PWR

About Power Probe

(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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