Pinewood Technologies Group PLC (LON:PINE - Get Free Report) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 480.50 ($6.53) and last traded at GBX 475.50 ($6.46), with a volume of 62881 shares traded. The stock had previously closed at GBX 472.50 ($6.42).
Analyst Ratings Changes
Separately, Berenberg Bank reissued a "buy" rating and set a GBX 590 ($8.02) price target on shares of Pinewood Technologies Group in a research report on Tuesday, April 1st.
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Pinewood Technologies Group Stock Performance
The stock has a market cap of £400.35 million, a price-to-earnings ratio of 8.80 and a beta of 0.56. The company has a 50-day simple moving average of GBX 419.50 and a two-hundred day simple moving average of GBX 365.71.
Insiders Place Their Bets
In other news, insider Dietmar Exler purchased 1,150 shares of the business's stock in a transaction on Wednesday, June 25th. The stock was purchased at an average price of GBX 450 ($6.11) per share, for a total transaction of £5,175 ($7,030.29). Also, insider Oliver Mann bought 6,539 shares of the business's stock in a transaction that occurred on Monday, July 7th. The stock was purchased at an average price of GBX 456 ($6.19) per share, with a total value of £29,817.84 ($40,507.87). In the last quarter, insiders acquired 20,512 shares of company stock valued at $9,089,764. Corporate insiders own 30.44% of the company's stock.
Pinewood Technologies Group Company Profile
(
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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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