Pinewood Technologies Group (OTCMKTS:PINWF) Stock Price Down 6.6% – Here’s Why

Shares of Pinewood Technologies Group PLC (OTCMKTS:PINWFGet Free Report) traded down 6.6% during trading on Friday . The company traded as low as $4.56 and last traded at $4.56. 408 shares were traded during mid-day trading, an increase of 3,980% from the average session volume of 10 shares. The stock had previously closed at $4.88.

Pinewood Technologies Group Trading Down 6.6%

The company’s fifty day moving average is $5.45 and its 200 day moving average is $5.32.

Pinewood Technologies Group Company Profile

(Get Free Report)

Pinnacle Renewable Energy Inc, together with its subsidiaries, manufactures, distributes, and sells industrial wood pellets for industrial electrical power generation and home heating consumption in North America, Asia, and Europe. The company produces renewable fuel in the form of industrial wood pellets for electricity generation, which are used by utilities and large-scale power generators to produce renewable and baseload power.

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