Shares of Pinewood Technologies Group PLC (LON:PINE - Get Free Report) dropped 0.7% on Tuesday . The stock traded as low as GBX 332.50 ($4.29) and last traded at GBX 337.50 ($4.36). Approximately 1,435,263 shares traded hands during trading, an increase of 326% from the average daily volume of 337,225 shares. The stock had previously closed at GBX 340 ($4.39).
Pinewood Technologies Group Price Performance
The company's 50-day moving average is GBX 344.14 and its 200-day moving average is GBX 339.29. The firm has a market capitalization of £275.08 million, a price-to-earnings ratio of 6.04 and a beta of 0.56.
Insider Buying and Selling at Pinewood Technologies Group
In other news, insider Dietmar Exler bought 1,500 shares of the firm's stock in a transaction dated Friday, December 27th. The stock was acquired at an average price of GBX 345 ($4.45) per share, for a total transaction of £5,175 ($6,681.73). Also, insider Brian Small acquired 6,349 shares of the company's stock in a transaction dated Tuesday, February 25th. The stock was acquired at an average cost of GBX 315 ($4.07) per share, with a total value of £19,999.35 ($25,822.27). Insiders have purchased a total of 9,349 shares of company stock worth $3,030,435 in the last quarter. 30.44% of the stock is owned by insiders.
About Pinewood Technologies Group
(
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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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