Power Probe (LON:PWR – Get Free Report)‘s stock had its “house stock” rating reiterated by investment analysts at Shore Capital Group in a research report issued on Thursday,Digital Look reports.
Power Probe Stock Up 2.2%
PWR stock opened at GBX 67.50 on Thursday. The business’s fifty day simple moving average is GBX 68.03 and its two-hundred day simple moving average is GBX 76.92. Power Probe has a twelve month low of GBX 65 and a twelve month high of GBX 103. The firm has a market cap of £49.75 million and a price-to-earnings ratio of 13.45.
Insider Activity at Power Probe
In related news, insider Michael Sherwin purchased 15,048 shares of Power Probe stock in a transaction that occurred on Thursday, July 2nd. The shares were bought at an average price of GBX 66 per share, with a total value of £9,931.68. Insiders own 4.64% of the company’s stock.
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.
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