Shares of Pinewood Technologies Group PLC (LON:PINE - Get Free Report) were up 1.8% on Tuesday . The stock traded as high as GBX 316 ($4.19) and last traded at GBX 316 ($4.19). Approximately 323,214 shares changed hands during trading, an increase of 25% from the average daily volume of 259,389 shares. The stock had previously closed at GBX 310.50 ($4.11).
Analyst Ratings Changes
Separately, Berenberg Bank restated a "buy" rating and issued a GBX 590 ($7.82) price target on shares of Pinewood Technologies Group in a research report on Tuesday, April 1st.
Check Out Our Latest Research Report on Pinewood Technologies Group
Pinewood Technologies Group Stock Up 1.8 %
The company has a market capitalization of £263.01 million, a price-to-earnings ratio of 5.78 and a beta of 0.56. The stock has a 50 day simple moving average of GBX 332.79 and a 200 day simple moving average of GBX 334.52.
Pinewood Technologies Group (LON:PINE - Get Free Report) last released its quarterly earnings data on Tuesday, April 1st. The company reported GBX 15.25 ($0.20) earnings per share (EPS) for the quarter. Pinewood Technologies Group had a return on equity of 11.83% and a net margin of 167.76%. As a group, analysts forecast that Pinewood Technologies Group PLC will post 9.8256735 EPS for the current year.
Insider Activity at Pinewood Technologies Group
In other Pinewood Technologies Group news, insider Dietmar Exler purchased 1,500 shares of Pinewood Technologies Group stock in a transaction on Monday, January 27th. The stock was bought at an average price of GBX 342 ($4.53) per share, for a total transaction of £5,130 ($6,797.40). Also, insider Brian Small purchased 6,349 shares of the firm's stock in a transaction dated Tuesday, February 25th. The stock was acquired at an average cost of GBX 315 ($4.17) per share, with a total value of £19,999.35 ($26,499.73). 30.44% of the stock is currently owned by insiders.
Pinewood Technologies Group Company Profile
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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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