Power Probe (LON:PWR) Insider Jose María García Riera Buys 16,700 Shares of Stock

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

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

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

Power Probe Stock Performance

Shares of LON:PWR opened at GBX 57.50 on Monday. Power Probe has a 52-week low of GBX 43 and a 52-week high of GBX 103. The firm has a market capitalization of £42.38 million and a P/E ratio of 25.36. The stock has a 50 day moving average price of GBX 57.05 and a 200-day moving average price of GBX 65.21.

Analyst Ratings Changes

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