Power Probe (LON:PWR) Insider Ip Foo Wing Acquires 5,000 Shares of Company Stock

Power Probe (LON:PWR) insider Ip Foo Wing purchased 5,000 shares of the business’s stock in a transaction dated Monday, November 2nd. The shares were purchased at an average cost of GBX 56 per share, with a total value of £2,800.

Ip Foo Wing also recently made the following trade(s):

• On Wednesday, October 28th, Ip Foo Wing acquired 10,000 shares of Power Probe stock. The stock was acquired at an average price of GBX 58 per share, for a total transaction of £5,800.
• On Friday, October 23rd, Ip Foo Wing acquired 10,000 shares of Power Probe stock. The stock was acquired at an average cost of GBX 55 per share, for a total transaction of £5,500.

Power Probe Trading Up 0.9%

LON:PWR opened at GBX 55.50 on Wednesday. The firm has a 50-day moving average price of GBX 55.87 and a two-hundred day moving average price of GBX 68.64. Power Probe has a twelve month low of GBX 43 and a twelve month high of GBX 103. The company has a market capitalization of £40.90 million and a P/E ratio of 24.48.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Power Probe in a research report on Thursday, July 30th.

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.