Pinewood Technologies Group PLC (LON:PINE – Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 261 and last traded at GBX 263, with a volume of 271967 shares traded. The stock had previously closed at GBX 269.
Pinewood Technologies Group Price Performance
The business has a 50 day simple moving average of GBX 359.05 and a 200 day simple moving average of GBX 391.40. The company has a market cap of £301.08 million, a price-to-earnings ratio of 4.21 and a beta of 0.22.
Insider Activity
In related news, insider Oliver Mann acquired 25,045 shares of the firm’s stock in a transaction on Monday, February 16th. The shares were purchased at an average price of GBX 307 per share, with a total value of £76,888.15. Also, insider William Berman bought 16,035 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was bought at an average cost of GBX 310 per share, with a total value of £49,708.50. Over the last quarter, insiders have purchased 67,071 shares of company stock worth $20,350,501. 41.46% of the stock is currently owned by insiders.
About Pinewood Technologies Group
1981 – Origins
Pinewood was founded in 1981 after a Renault dealer in London grew frustrated with the lack of suitable systems to run his business. He assembled a small team of developers to build a better solution, marking the birth of Pinewood as a classic early-1980s tech startup.
1980s–1990s – Early Innovation
The team created one of the UK’s first Sales and Dealer Management Systems (DMS), soon partnering with brands like Saab, Lloyds Bowmaker, and a growing dealer group that became Pendragon PLC.
As Pendragon expanded, it acquired Pinewood to develop a multi-brand DMS capable of supporting large-scale dealership operations.
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