Pinewood Technologies Group (LON:PINE) Hits New 52-Week Low – What’s Next?

Pinewood Technologies Group PLC (LON:PINEGet Free Report)’s share price reached a new 52-week low on Wednesday . The stock traded as low as GBX 284 and last traded at GBX 284, with a volume of 784767 shares trading hands. The stock had previously closed at GBX 302.

Wall Street Analyst Weigh In

Separately, Berenberg Bank upped their target price on Pinewood Technologies Group from GBX 700 to GBX 725 and gave the company a “buy” rating in a research report on Thursday, November 6th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 725.

Read Our Latest Research Report on Pinewood Technologies Group

Pinewood Technologies Group Stock Down 6.0%

The company’s 50-day moving average is GBX 373.51 and its 200 day moving average is GBX 408.03. The company has a market cap of £325.12 million, a price-to-earnings ratio of 4.55 and a beta of 0.56.

Insider Activity

In other news, insider Brian Small acquired 6,600 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were bought at an average cost of GBX 296 per share, for a total transaction of £19,536. Also, insider Oliver Mann acquired 25,045 shares of the business’s stock in a transaction on Monday, February 16th. The shares were purchased at an average price of GBX 307 per share, with a total value of £76,888.15. Over the last 90 days, insiders have acquired 80,992 shares of company stock worth $25,320,298. Company insiders own 47.43% of the company’s stock.

About Pinewood Technologies Group

(Get Free Report)

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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