Pinewood Technologies Group PLC (LON:PINE – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 247 and last traded at GBX 254, with a volume of 134513 shares. The stock had previously closed at GBX 250.
Pinewood Technologies Group Trading Down 3.5%
The company has a market capitalization of £286.20 million, a price-to-earnings ratio of 4.01 and a beta of 0.22. The stock’s 50 day moving average price is GBX 347.40 and its 200 day moving average price is GBX 381.35.
Insider Activity
In related news, insider William Berman purchased 16,035 shares of Pinewood Technologies Group stock in a transaction that occurred on Thursday, February 19th. The stock was purchased at an average cost of GBX 310 per share, with a total value of £49,708.50. Also, insider Oliver Mann purchased 25,045 shares of the stock in a transaction on Monday, February 16th. The shares were bought at an average cost of GBX 307 per share, for a total transaction of £76,888.15. In the last ninety days, insiders acquired 67,071 shares of company stock valued at $20,350,501. Corporate insiders own 41.46% of the company’s stock.
Pinewood Technologies Group Company Profile
1981 – Origins
Pinewood was founded in 1981 after a Renault dealer in London grew frustrated with the lack of suitable systems to run his business. He assembled a small team of developers to build a better solution, marking the birth of Pinewood as a classic early-1980s tech startup.
1980s–1990s – Early Innovation
The team created one of the UK’s first Sales and Dealer Management Systems (DMS), soon partnering with brands like Saab, Lloyds Bowmaker, and a growing dealer group that became Pendragon PLC.
As Pendragon expanded, it acquired Pinewood to develop a multi-brand DMS capable of supporting large-scale dealership operations.
See Also
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