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Pinewood Technologies Group (LON:PINE) Trading Up 16.2% - Still a Buy?

Pinewood Technologies Group logo with Consumer Cyclical background

Pinewood Technologies Group PLC (LON:PINE - Get Free Report) shares shot up 16.2% on Tuesday . The company traded as high as GBX 342.50 ($4.45) and last traded at GBX 337 ($4.38). 3,172,844 shares traded hands during trading, an increase of 722% from the average session volume of 385,936 shares. The stock had previously closed at GBX 290 ($3.77).

Pinewood Technologies Group Price Performance

The stock has a market cap of £285.85 million, a price-to-earnings ratio of 533.41 and a beta of 0.56. The firm has a fifty day moving average of GBX 336.80 and a 200 day moving average of GBX 307.83.

Pinewood Technologies Group Company Profile

(Get Free Report)

Pinewood Technologies Group PLC operates as a cloud-based dealer management software provider that offers software solutions to the automotive industry in the United Kingdom and internationally. It offers end-to-end solution that empowers vehicle retailers with efficient business processes. The company was formerly known as Pendragon PLC and changed its name to Pinewood Technologies Group PLC to February 2024.

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