Pinewood Technologies Group (LON:PINE – Get Free Report) released its earnings results on Tuesday. The company reported GBX 15.25 ($0.20) EPS for the quarter, reports. Pinewood Technologies Group had a net margin of 167.76% and a return on equity of 11.83%.
Pinewood Technologies Group Stock Performance
LON:PINE traded down GBX 2 ($0.03) during trading hours on Thursday, hitting GBX 325.50 ($4.23). 109,047 shares of the company’s stock traded hands, compared to its average volume of 272,317. The stock’s fifty day moving average price is GBX 341.49 and its two-hundred day moving average price is GBX 338.54. The firm has a market cap of £270.92 million, a P/E ratio of 5.95 and a beta of 0.56. Pinewood Technologies Group has a twelve month low of GBX 280.50 ($3.64) and a twelve month high of GBX 814 ($10.57).
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 590 ($7.66) target price on shares of Pinewood Technologies Group in a report on Tuesday.
Insiders Place Their Bets
In related news, insider Dietmar Exler purchased 1,500 shares of the stock in a transaction dated Monday, January 27th. The shares were acquired at an average cost of GBX 342 ($4.44) per share, for a total transaction of £5,130 ($6,661.47). Also, insider Brian Small acquired 6,349 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The shares were purchased at an average price of GBX 315 ($4.09) per share, with a total value of £19,999.35 ($25,969.81). Corporate insiders own 30.44% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Pinewood Technologies Group
- Stock Market Upgrades: What Are They?
- Big Buybacks: 3 Large Caps Exceed 5% Repurchase Power
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- NVIDIA vs Qualcomm: Which Is the Better Buy for Q2?
- Investing in Commodities: What Are They? How to Invest in Them
- Broadcom’s VMware Strategy Could Fuel the Next AVGO Rally
Receive News & Ratings for Pinewood Technologies Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinewood Technologies Group and related companies with MarketBeat.com's FREE daily email newsletter.
