Pinewood Technologies Group (LON:PINE) Stock Price Down 0.7% – What’s Next?

Pinewood Technologies Group PLC (LON:PINE) was down 0.7% during mid-day trading on Tuesday . The company traded as low as GBX 332.50 ($4.31) and last traded at GBX 337.50 ($4.38). Approximately 1,435,263 shares changed hands during trading, an increase of 326% from the average daily volume of 337,225 shares. The stock had previously closed at GBX 340 ($4.41).

Pinewood Technologies Group Price Performance

The stock’s fifty day moving average is GBX 344.37 and its 200-day moving average is GBX 339.35. The stock has a market capitalization of £278.41 million, a PE ratio of 6.12 and a beta of 0.56.

Insider Buying and Selling

In related news, insider Brian Small acquired 6,349 shares of Pinewood Technologies Group stock in a transaction on Tuesday, February 25th. The stock was bought at an average cost of GBX 315 ($4.08) per share, for a total transaction of £19,999.35 ($25,932.77). Also, insider Dietmar Exler acquired 1,500 shares of Pinewood Technologies Group stock in a transaction on Monday, January 27th. The shares were bought at an average price of GBX 342 ($4.43) per share, with a total value of £5,130 ($6,651.97). Over the last three months, insiders have bought 9,349 shares of company stock valued at $3,030,435. Corporate insiders own 30.44% of the company’s stock.

About Pinewood Technologies Group

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.