Insider Buying: Pinewood Technologies Group (LON:PINE) Insider Purchases 13,921 Shares of Stock

by · The Cerbat Gem

Pinewood Technologies Group PLC (LON:PINE – Get Free Report) insider William Berman acquired 13,921 shares of Pinewood Technologies Group stock in a transaction on Monday, December 1st. The stock was purchased at an average price of GBX 357 per share, with a total value of £49,697.97.

Pinewood Technologies Group Stock Performance

Pinewood Technologies Group stock traded up GBX 14.62 during midday trading on Monday, hitting GBX 370.62. 193,548 shares of the company’s stock were exchanged, compared to its average volume of 272,038. Pinewood Technologies Group PLC has a 12-month low of GBX 284.50 and a 12-month high of GBX 575. The stock has a market cap of £424.28 million, a price-to-earnings ratio of 5.94 and a beta of 0.56. The firm’s 50 day simple moving average is GBX 381.55 and its 200 day simple moving average is GBX 442.13.

Pinewood Technologies Group (LON:PINE – Get Free Report) last announced its earnings results on Wednesday, September 24th. The company reported GBX (0.70) EPS for the quarter. Pinewood Technologies Group had a net margin of 167.76% and a return on equity of 11.83%. On average, equities research analysts forecast that Pinewood Technologies Group PLC will post 9.8256735 EPS for the current fiscal year.

Analyst Ratings Changes

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

Read Our Latest Research Report on PINE

About Pinewood Technologies Group

(Get Free Report)

Pendragon PLC is one of the UK’s leading automotive retailers with over 120 locations selling new and used vehicles alongside expert aftercare services.

Operating in the UK under the brands of Evans Halshaw, Stratstone and CarStore the Group also has additional businesses including Pinewood for dealership management systems, Pendragon Vehicle Management for fleet and leasing and Quickco for wholesale vehicle parts.

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