Pinewood Technologies Group (LON:PINE) Trading Down 0.1% – Time to Sell?

Pinewood Technologies Group PLC (LON:PINE)’s stock price fell 0.1% during mid-day trading on Wednesday . The company traded as low as GBX 448 and last traded at GBX 448.50. Approximately 170,178 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 3,506,828 shares. The stock had previously closed at GBX 449.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 500 price objective on shares of Pinewood Technologies Group in a research note on Friday, June 26th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 585.

Pinewood Technologies Group Stock Up 0.1%

The firm has a fifty day moving average of GBX 395.44 and a 200-day moving average of GBX 303.26. The stock has a market capitalization of £526.96 million, a price-to-earnings ratio of 9.41 and a beta of 0.57.

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.