Pinewood Technologies Group (LON:PINE) Trading Down 3.5% – Should You Sell?

Pinewood Technologies Group PLC (LON:PINE) fell 3.5% during mid-day trading on Thursday . The company traded as low as GBX 243 and last traded at GBX 246.50. 357,559 shares changed hands during trading, a decline of 92% from the average session volume of 4,529,770 shares. The stock had previously closed at GBX 255.50.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated 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 equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 670.

Pinewood Technologies Group Stock Performance

The company has a fifty day moving average of GBX 251.23 and a two-hundred day moving average of GBX 303.39. The firm has a market capitalization of £283.71 million, a price-to-earnings ratio of 5.14 and a beta of 0.57.

Pinewood Technologies Group (LON:PINE) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported GBX 48 earnings per share for the quarter. The firm had revenue of GBX 4,050 million for the quarter. Pinewood Technologies Group had a return on equity of 35.39% and a net margin of 124.20%. Equities analysts forecast that Pinewood Technologies Group PLC will post 9.8256735 EPS for the current 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.