Power Probe (LON:PWR) Insider Jose María García Riera Purchases 25,000 Shares of Stock

Power Probe (LON:PWR) insider Jose María García Riera purchased 25,000 shares of the company’s stock in a transaction that occurred on Friday, October 9th. The stock was acquired at an average cost of GBX 59 per share, with a total value of £14,750.

Power Probe Price Performance

Shares of PWR opened at GBX 61.78 on Tuesday. The stock has a market cap of £45.53 million and a price-to-earnings ratio of 27.25. Power Probe has a 12 month low of GBX 43 and a 12 month high of GBX 103. The company has a 50-day moving average price of GBX 58.11 and a two-hundred day moving average price of GBX 65.85.

Analysts Set New Price Targets

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.