Pinewood Technologies Group (OTCMKTS:PINWF) Shares Gap Up – Here’s Why

Pinewood Technologies Group PLC (OTCMKTS:PINWFGet Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $5.55, but opened at $5.8250. Pinewood Technologies Group shares last traded at $5.8250, with a volume of 142 shares traded.

Pinewood Technologies Group Trading Up 5.0%

The firm has a fifty day simple moving average of $5.44 and a 200 day simple moving average of $4.16.

About Pinewood Technologies Group

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Pinewood Technologies Group plc is a software company that provides technology solutions for the automotive retail industry. Its principal offering is Pinewood, a cloud-based dealer management system designed to help automotive retailers manage sales, vehicle inventory, customer relationships, servicing, parts, finance and business administration.

The company’s software is used by franchised automotive dealerships, independent retailers, vehicle manufacturers and other businesses across the automotive distribution chain.

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