Power Probe (LON:PWR) Insider Purchases £9,185 in Stock

Power Probe (LON:PWR) insider Jose María García Riera bought 16,700 shares of the company’s stock in a transaction on Friday, October 23rd. The stock was bought at an average cost of GBX 55 per share, for a total transaction of £9,185.

Jose María García Riera also recently made the following trade(s):

• On Wednesday, October 14th, Jose María García Riera purchased 230,000 shares of Power Probe stock. The shares were bought at an average price of GBX 63 per share, with a total value of £144,900.
• On Friday, October 9th, Jose María García Riera purchased 25,000 shares of Power Probe stock. The shares were bought at an average price of GBX 59 per share, with a total value of £14,750.

Power Probe Price Performance

PWR opened at GBX 55.75 on Thursday. The firm has a market cap of £41.09 million and a PE ratio of 24.59. The stock has a 50-day moving average price of GBX 56.60 and a 200-day moving average price of GBX 69.49. Power Probe has a 1 year low of GBX 43 and a 1 year high of GBX 103.

Analyst Ratings Changes

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

Power Probe Company Profile

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.