Pinewood Technologies Group (LON:PINE) Sets New 52-Week Low – Should You Sell?

Pinewood Technologies Group PLC (LON:PINE)’s share price reached a new 52-week low on Wednesday . The stock traded as low as GBX 284 and last traded at GBX 284, with a volume of 784767 shares traded. The stock had previously closed at GBX 302.

Wall Street Analysts Forecast Growth

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

Pinewood Technologies Group Stock Up 0.7%

The stock has a market capitalization of £333.71 million, a PE ratio of 4.67 and a beta of 0.56. The stock’s 50-day moving average is GBX 369.31 and its 200 day moving average is GBX 404.81.

Insider Transactions at Pinewood Technologies Group

In other news, insider William Berman bought 16,035 shares of the company’s stock in a transaction on Thursday, February 19th. The shares were bought at an average cost of GBX 310 per share, with a total value of £49,708.50. Also, insider Brian Small purchased 6,600 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was purchased at an average cost of GBX 296 per share, with a total value of £19,536. Over the last ninety days, insiders have bought 80,992 shares of company stock valued at $25,320,298. Corporate insiders own 47.43% of the company’s stock.

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.