Pinewood Technologies Group PLC (LON:PINE - Get Free Report)'s share price was up 15.9% on Friday . The company traded as high as GBX 464.50 ($6.29) and last traded at GBX 462.85 ($6.27). Approximately 299,553 shares traded hands during trading, an increase of 32% from the average daily volume of 227,181 shares. The stock had previously closed at GBX 399.50 ($5.41).
Analysts Set New Price Targets
Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 590 ($8.00) price target on shares of Pinewood Technologies Group in a research report on Tuesday, April 1st.
Check Out Our Latest Report on Pinewood Technologies Group
Pinewood Technologies Group Stock Performance
The firm has a market capitalization of £362.89 million, a P/E ratio of 7.97 and a beta of 0.56. The firm has a 50-day moving average of GBX 358 and a 200-day moving average of GBX 348.22.
Pinewood Technologies Group (LON:PINE - Get Free Report) last announced its quarterly earnings results 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%. Equities analysts anticipate 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 1,300 shares of the business's stock in a transaction dated Tuesday, May 27th. The shares were purchased at an average cost of GBX 388 ($5.26) per share, with a total value of £5,044 ($6,835.61). Company 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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