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Pinewood Technologies Group (LON:PINE) Reaches New 12-Month High - Should You Buy?

Pinewood Technologies Group logo with Consumer Cyclical background

Shares of Pinewood Technologies Group PLC (LON:PINE - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 412.50 ($5.60) and last traded at GBX 404.60 ($5.49), with a volume of 323611 shares. The stock had previously closed at GBX 391.50 ($5.32).

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 590 ($8.01) price objective on shares of Pinewood Technologies Group in a report on Tuesday, April 1st.

Get Our Latest Research Report on Pinewood Technologies Group

Pinewood Technologies Group Stock Up 11.3%

The firm has a 50 day moving average of GBX 353.52 and a 200-day moving average of GBX 346.39. The company has a market cap of £369.97 million, a P/E ratio of 8.13 and a beta of 0.56.

Pinewood Technologies Group (LON:PINE - Get Free Report) last issued its earnings results on Tuesday, April 1st. The company reported GBX 15.25 ($0.21) earnings per share for the quarter. Pinewood Technologies Group had a return on equity of 11.83% and a net margin of 167.76%. On average, research analysts predict that Pinewood Technologies Group PLC will post 9.8256735 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Dietmar Exler bought 1,500 shares of the company's stock in a transaction on Friday, April 25th. The shares were acquired at an average price of GBX 317 ($4.30) per share, with a total value of £4,755 ($6,457.09). 30.44% of the stock is owned by company insiders.

Pinewood Technologies Group Company Profile

(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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