Pinewood Technologies Group (LON:PINE) Reaches New 12-Month High - What's Next?

Shares of Pinewood Technologies Group PLC (LON:PINE - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as GBX 412.50 ($5.59) and last traded at GBX 404.60 ($5.48), with a volume of 323611 shares trading hands. The stock had previously closed at GBX 391.50 ($5.31).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 590 ($8.00) price target on shares of Pinewood Technologies Group in a report on Tuesday, April 1st.

Pinewood Technologies Group Price Performance

The company has a market capitalization of £336.67 million, a P/E ratio of 7.40 and a beta of 0.56. The company has a fifty day moving average price of GBX 352.03 and a 200 day moving average price of GBX 345.88.

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

Insider Activity at Pinewood Technologies Group

In related news, insider Dietmar Exler bought 1,300 shares of the firm's stock in a transaction that occurred on Tuesday, May 27th. The stock was purchased at an average price of GBX 388 ($5.26) per share, for a total transaction of £5,044 ($6,835.61). 30.44% of the stock is currently owned by insiders.

Pinewood Technologies Group Company Profile

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.