Pinewood Technologies Group (LON:PINE) Insider Purchases £49,697.97 in Stock

Pinewood Technologies Group PLC (LON:PINE) insider William Berman acquired 13,921 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The shares were acquired at an average cost of GBX 357 per share, for a total transaction of £49,697.97.

Pinewood Technologies Group Stock Performance

LON:PINE traded up GBX 14.62 during trading hours on Monday, hitting GBX 370.62. The company’s stock had a trading volume of 193,548 shares, compared to its average volume of 272,038. Pinewood Technologies Group PLC has a 52-week low of GBX 284.50 and a 52-week high of GBX 575. The business’s 50-day moving average is GBX 381.55 and its two-hundred day moving average is GBX 442.13. The company has a market capitalization of £424.28 million, a PE ratio of 5.94 and a beta of 0.56.

Pinewood Technologies Group (LON:PINE) last posted its quarterly earnings results on Wednesday, September 24th. The company reported GBX (0.70) earnings per share for the quarter. Pinewood Technologies Group had a return on equity of 11.83% and a net margin of 167.76%. As a group, analysts predict that Pinewood Technologies Group PLC will post 9.8256735 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upped their target price on shares of Pinewood Technologies Group from GBX 700 to GBX 725 and gave the stock a “buy” rating in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 725.

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.