Key Points
- Insider buying: Power Probe insider Ip Foo Wing purchased 10,000 shares at GBX 58 each on October 28, worth £5,800, following another 10,000-share purchase at GBX 55 the previous week.
- Stock performance: Shares opened at GBX 56.75, with a 52-week range of GBX 43 to GBX 103 and a market capitalization of approximately £41.83 million.
- Analyst view: Shore Capital Group reaffirmed its “house stock” rating on Power Probe shares.
Power Probe (LON:PWR - Get Free Report) insider Ip Foo Wing acquired 10,000 shares of the firm's stock in a transaction on Wednesday, October 28th. The stock was purchased at an average cost of GBX 58 per share, for a total transaction of £5,800.
Ip Foo Wing also recently made the following trade(s):
- On Friday, October 23rd, Ip Foo Wing acquired 10,000 shares of Power Probe stock. The shares were purchased at an average price of GBX 55 per share, for a total transaction of £5,500.
Power Probe Price Performance
PWR stock opened at GBX 56.75 on Friday. Power Probe has a fifty-two week low of GBX 43 and a fifty-two week high of GBX 103. The stock has a market capitalization of £41.83 million and a price-to-earnings ratio of 25.03. The business's fifty day moving average price is GBX 56.43 and its two-hundred day moving average price is GBX 69.28.
Analysts Set New Price Targets
Separately, Shore Capital Group reaffirmed a "house stock" rating on shares of Power Probe in a research report on Thursday, July 30th.
Read Our Latest 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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