Power Probe (LON:PWR) Insider Michael Sherwin Acquires 8,077 Shares of Stock

Power Probe (LON:PWR) insider Michael Sherwin bought 8,077 shares of the business’s stock in a transaction that occurred on Friday, October 9th. The stock was purchased at an average cost of GBX 62 per share, for a total transaction of £5,007.74.

Power Probe Price Performance

Shares of PWR stock opened at GBX 61.78 on Tuesday. The firm has a market capitalization of £45.53 million and a price-to-earnings ratio of 27.25. The business has a fifty day moving average of GBX 58.11 and a 200 day moving average of GBX 65.85. Power Probe has a 1 year low of GBX 43 and a 1 year high of GBX 103.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reissued a “house stock” rating on shares of Power Probe in a report 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.