Pinewood Technologies Group (LON:PINE) Stock Price Up 33.1% – Time to Buy?

Shares of Pinewood Technologies Group PLC (LON:PINE) rose 33.1% during mid-day trading on Monday . The company traded as high as GBX 426 and last traded at GBX 419.34. Approximately 4,159,730 shares were traded during mid-day trading, an increase of 7% from the average daily volume of 3,890,237 shares. The stock had previously closed at GBX 315.

Analyst Ratings Changes

Several brokerages recently commented on PINE. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 500 price objective on shares of Pinewood Technologies Group in a report on Friday, June 26th. Berenberg Bank reissued a “buy” rating and issued a GBX 670 price objective on shares of Pinewood Technologies Group in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Pinewood Technologies Group presently has a consensus rating of “Buy” and a consensus price target of GBX 585.

Pinewood Technologies Group Trading Down 1.0%

The company has a market cap of £495.58 million, a P/E ratio of 8.97 and a beta of 0.57. The firm has a 50 day moving average of GBX 277.95 and a 200-day moving average of GBX 291.21.

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.