Pinewood Technologies Group PLC (LON:PINE - Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 495 ($6.65) and last traded at GBX 485.50 ($6.52), with a volume of 52544 shares trading hands. The stock had previously closed at GBX 487 ($6.54).
Wall Street Analyst Weigh In
Separately, Berenberg Bank restated a "buy" rating and set a GBX 590 ($7.92) price target on shares of Pinewood Technologies Group in a report on Tuesday, April 1st.
Read Our Latest Research Report on Pinewood Technologies Group
Pinewood Technologies Group Price Performance
The stock has a 50 day simple moving average of GBX 421.35 and a two-hundred day simple moving average of GBX 366.96. The company has a market capitalization of £404.09 million, a price-to-earnings ratio of 8.88 and a beta of 0.56.
Insider Transactions at Pinewood Technologies Group
In other news, insider Oliver Mann acquired 10,023 shares of the company's stock in a transaction dated Monday, July 7th. The stock was acquired at an average cost of GBX 460 ($6.18) per share, for a total transaction of £46,105.80 ($61,903.60). Also, insider Dietmar Exler purchased 1,500 shares of the stock in a transaction that occurred on Friday, April 25th. The stock was bought at an average price of GBX 317 ($4.26) per share, with a total value of £4,755 ($6,384.26). In the last three months, insiders have purchased 20,512 shares of company stock worth $9,089,764. Corporate insiders own 30.44% of the company's stock.
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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