Pinewood Technologies Group PLC (LON:PINE – Get Free Report)’s stock price reached a new 52-week low on Tuesday . The company traded as low as GBX 231 and last traded at GBX 235, with a volume of 377557 shares. The stock had previously closed at GBX 245.
Pinewood Technologies Group Trading Down 4.1%
The stock has a market cap of £269.03 million, a price-to-earnings ratio of 3.77 and a beta of 0.22. The company’s fifty day moving average is GBX 341.21 and its two-hundred day moving average is GBX 374.81.
Insiders Place Their Bets
In other news, insider Brian Small bought 6,600 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were purchased at an average price of GBX 296 per share, with a total value of £19,536. Also, insider William Berman bought 16,035 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were purchased at an average price of GBX 310 per share, with a total value of £49,708.50. In the last three months, insiders acquired 67,071 shares of company stock valued at $20,350,501. Insiders own 41.46% of the company’s stock.
About Pinewood Technologies Group
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.
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