Pinewood Technologies Group (LON:PINE) Releases Earnings Results

Pinewood Technologies Group (LON:PINE) announced its quarterly earnings data on Tuesday. The company reported GBX 15.25 ($0.20) earnings per share (EPS) for the quarter, reports. Pinewood Technologies Group had a net margin of 167.76% and a return on equity of 11.83%.

Pinewood Technologies Group Price Performance

LON PINE opened at GBX 326.88 ($4.24) on Thursday. The company has a 50-day moving average of GBX 341.49 and a 200-day moving average of GBX 338.54. Pinewood Technologies Group has a 12 month low of GBX 280.50 ($3.64) and a 12 month high of GBX 814 ($10.57). The company has a market cap of £272.07 million, a P/E ratio of 5.98 and a beta of 0.56.

Insider Activity at Pinewood Technologies Group

In other news, insider Brian Small bought 6,349 shares of Pinewood Technologies Group stock in a transaction that occurred on Tuesday, February 25th. The shares were purchased at an average price of GBX 315 ($4.09) per share, for a total transaction of £19,999.35 ($25,969.81). Also, insider Dietmar Exler purchased 1,500 shares of the stock in a transaction on Monday, January 27th. The shares were purchased at an average cost of GBX 342 ($4.44) per share, with a total value of £5,130 ($6,661.47). 30.44% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 590 ($7.66) price target on shares of Pinewood Technologies Group in a research note on Tuesday.

About Pinewood Technologies Group

Pinewood Technologies Group PLC operates as a cloud-based dealer management software provider that offers software solutions to the automotive industry in the United Kingdom and internationally. It offers end-to-end solution that empowers vehicle retailers with efficient business processes. The company was formerly known as Pendragon PLC and changed its name to Pinewood Technologies Group PLC to February 2024.