Insider Buying: Power Probe (LON:PWR) Insider Purchases £704 in Stock

Power Probe (LON:PWR) insider Colin James Fielding acquired 1,100 shares of the firm’s stock in a transaction on Monday, October 12th. The stock was purchased at an average cost of GBX 64 per share, with a total value of £704.

Power Probe Price Performance

Shares of LON:PWR opened at GBX 63.52 on Friday. Power Probe has a 1 year low of GBX 43 and a 1 year high of GBX 103. The business has a 50 day simple moving average of GBX 57.89 and a two-hundred day simple moving average of GBX 65.74. The firm has a market capitalization of £46.82 million and a PE ratio of 28.02.

Analyst Upgrades and Downgrades

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

About Power Probe

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.