Shore Capital Group Reaffirms “House Stock” Rating for Power Probe (LON:PWR)

Power Probe (LON:PWR)‘s stock had its “house stock” rating reiterated by investment analysts at Shore Capital Group in a research note issued on Wednesday,Digital Look reports.

Power Probe Price Performance

Power Probe stock opened at GBX 69 on Wednesday. Power Probe has a 12 month low of GBX 65 and a 12 month high of GBX 103. The business’s 50 day moving average is GBX 71.84. The stock has a market capitalization of £50.85 million and a PE ratio of 13.75.

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.