Pinewood Technologies Group (LON:PINE) Trading Down 1.5% – Here’s Why

Pinewood Technologies Group PLC (LON:PINE)’s stock price dropped 1.5% during trading on Wednesday . The company traded as low as GBX 256 and last traded at GBX 256. Approximately 299,098 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 5,148,515 shares. The stock had previously closed at GBX 260.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 670 price target on shares of Pinewood Technologies Group in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Pinewood Technologies Group has a consensus rating of “Buy” and a consensus target price of GBX 670.

Pinewood Technologies Group Trading Down 1.5%

The stock has a 50 day simple moving average of GBX 242.41 and a 200-day simple moving average of GBX 313.81. The firm has a market capitalization of £293.07 million, a P/E ratio of 5.33 and a beta of 0.56.

Pinewood Technologies Group (LON:PINE) last released its quarterly earnings results on Wednesday, April 22nd. The company reported GBX 48 earnings per share (EPS) for the quarter. The business had revenue of GBX 4,050 million during the quarter. Pinewood Technologies Group had a return on equity of 35.39% and a net margin of 124.20%. As a group, sell-side analysts expect that Pinewood Technologies Group PLC will post 9.8256735 earnings per share for the current fiscal year.

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.