Shore Capital Group reaffirmed their house stock rating on shares of Power Probe (LON:PWR – Free Report) in a research note released on Thursday morning,Digital Look reports.
Power Probe Trading Down 0.7%
PWR opened at GBX 67 on Thursday. The firm’s 50-day moving average price is GBX 67.91 and its 200 day moving average price is GBX 76.80. The firm has a market capitalization of £49.38 million and a PE ratio of 13.35. Power Probe has a twelve month low of GBX 65 and a twelve month high of GBX 103.
Insider Activity at Power Probe
In related news, insider Michael Sherwin acquired 15,048 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The shares were acquired at an average price of GBX 66 per share, with a total value of £9,931.68. 4.64% of the stock is currently owned by insiders.
About Power Probe
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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