Pinewood Technologies Group (LON:PINE) Stock Price Up 0.8% - What's Next?

Key Points

• Pinewood Technologies Group's share price increased by 0.8%, closing at GBX 522 ($7.02) after trading at a high of GBX 527 ($7.09).
• The company has a market cap of £434.47 million and a price-to-earnings ratio of 9.55, indicating a relatively low valuation.
• Insiders have purchased 20,062 shares in the last quarter, representing a significant commitment with a total value of approximately $9.15 million.

Shares of Pinewood Technologies Group PLC (LON:PINE - Get Free Report) shot up 0.8% on Thursday . The stock traded as high as GBX 527 ($7.08) and last traded at GBX 522 ($7.01). 44,106 shares were traded during trading, a decline of 83% from the average session volume of 252,751 shares. The stock had previously closed at GBX 518 ($6.96).

Pinewood Technologies Group Trading Up 0.8%

The firm has a market cap of £429.48 million, a price-to-earnings ratio of 9.44 and a beta of 0.56. The stock has a 50-day moving average of GBX 467.68 and a two-hundred day moving average of GBX 388.58.

Insider Transactions at Pinewood Technologies Group

In other news, insider Dietmar Exler purchased 1,050 shares of the business's stock in a transaction dated Friday, July 25th. The stock was bought at an average cost of GBX 512 ($6.88) per share, with a total value of £5,376 ($7,220.95). Also, insider Oliver Mann purchased 6,539 shares of the business's stock in a transaction dated Monday, July 7th. The shares were purchased at an average cost of GBX 456 ($6.12) per share, with a total value of £29,817.84 ($40,050.83). Insiders have acquired a total of 20,062 shares of company stock valued at $9,151,864 over the last 90 days. Corporate insiders own 30.44% of the company's stock.

About Pinewood Technologies Group

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.