Pinewood Technologies Group PLC (LON:PINE – Get Free Report) insider Oliver Mann purchased 31,498 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were acquired at an average cost of GBX 325 ($4.07) per share, for a total transaction of £102,368.50 ($128,329.57).
Pinewood Technologies Group Stock Up 5.1 %
Shares of LON PINE opened at GBX 340 ($4.26) on Friday. The stock has a market cap of £294.07 million, a P/E ratio of 548.39 and a beta of 0.56. The firm’s 50-day simple moving average is GBX 330.33 and its 200 day simple moving average is GBX 342.72. Pinewood Technologies Group PLC has a fifty-two week low of GBX 280.50 ($3.52) and a fifty-two week high of GBX 814 ($10.20).
Analyst Upgrades and Downgrades
Separately, Berenberg Bank restated a “buy” rating and issued a GBX 455 ($5.70) target price on shares of Pinewood Technologies Group in a research report on Friday, October 25th.
Pinewood Technologies Group Company Profile
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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