Pinewood Technologies Group PLC (LON:PINE - Get Free Report) shares traded down 0.7% during trading on Monday . The company traded as low as GBX 347 ($4.28) and last traded at GBX 348.50 ($4.30). 20,871 shares changed hands during trading, a decline of 96% from the average session volume of 520,399 shares. The stock had previously closed at GBX 351 ($4.33).
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 455 ($5.61) target price on shares of Pinewood Technologies Group in a report on Friday, October 25th.
Get Our Latest Analysis on PINE
Pinewood Technologies Group Price Performance
The business has a 50 day moving average of GBX 341.80 and a 200 day moving average of GBX 339.32. The firm has a market capitalization of £298.37 million, a price-to-earnings ratio of 556.42 and a beta of 0.56.
Insider Buying and Selling at Pinewood Technologies Group
In related news, insider Oliver Mann bought 31,498 shares of the business's stock in a transaction on Thursday, November 21st. The shares were purchased at an average price of GBX 325 ($4.01) per share, with a total value of £102,368.50 ($126,225.03). Also, insider Dietmar Exler bought 1,500 shares of the business's stock in a transaction on Thursday, October 31st. The stock was bought at an average cost of GBX 336 ($4.14) per share, for a total transaction of £5,040 ($6,214.55). Insiders have purchased 41,712 shares of company stock worth $13,733,394 over the last three months. Company insiders own 30.44% of the company's stock.
Pinewood Technologies Group Company Profile
(
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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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