Power Probe (LON:PWR) Given “House Stock” Rating at Shore Capital Group

Power Probe (LON:PWR)‘s stock had its “house stock” rating reiterated by stock analysts at Shore Capital Group in a report released on Thursday,Digital Look reports.

Power Probe Stock Performance

LON PWR opened at GBX 67.50 on Thursday. The company has a market cap of £49.75 million and a P/E ratio of 13.45. The business’s 50 day moving average price is GBX 68.03 and its 200-day moving average price is GBX 76.92. Power Probe has a fifty-two week low of GBX 65 and a fifty-two week high of GBX 103.

Insider Buying and Selling

In other news, insider Michael Sherwin acquired 15,048 shares of the business’s stock in a transaction on Thursday, July 2nd. The shares were acquired at an average price of GBX 66 per share, for a total transaction of £9,931.68. 4.64% of the stock is owned by insiders.

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.