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

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

Power Probe Stock Performance

LON PWR opened at GBX 57.50 on Monday. The company’s 50-day simple moving average is GBX 57.05 and its two-hundred day simple moving average is GBX 65.21. The company has a market capitalization of £42.38 million and a price-to-earnings ratio of 25.36. Power Probe has a one year low of GBX 43 and a one year 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 note 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.