Pinewood Technologies Group (LON:PINE) Posts Quarterly Earnings Results

Pinewood Technologies Group (LON:PINE) released its quarterly earnings data on Tuesday. The company reported GBX 15.25 ($0.20) earnings per share for the quarter, reports. Pinewood Technologies Group had a net margin of 167.76% and a return on equity of 11.83%.

Pinewood Technologies Group Price Performance

Shares of PINE stock opened at GBX 327 ($4.25) on Thursday. The company has a market cap of £272.17 million, a P/E ratio of 5.98 and a beta of 0.56. The stock’s 50-day moving average is GBX 341.49 and its 200 day moving average is GBX 338.54. Pinewood Technologies Group has a 1-year low of GBX 280.50 ($3.64) and a 1-year high of GBX 814 ($10.57).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 590 ($7.66) price target on shares of Pinewood Technologies Group in a research report on Tuesday.

Insider Buying and Selling at Pinewood Technologies Group

In related news, insider Brian Small acquired 6,349 shares of the business’s stock in a transaction dated Tuesday, February 25th. The shares were purchased at an average price of GBX 315 ($4.09) per share, for a total transaction of £19,999.35 ($25,969.81). Also, insider Dietmar Exler bought 1,500 shares of the stock in a transaction that occurred on Monday, January 27th. The stock was bought at an average price of GBX 342 ($4.44) per share, with a total value of £5,130 ($6,661.47). Insiders own 30.44% of the company’s stock.

About Pinewood Technologies Group

Pinewood Technologies Group PLC operates as a cloud-based dealer management software provider that offers software solutions to the automotive industry in the United Kingdom and internationally. It offers end-to-end solution that empowers vehicle retailers with efficient business processes. The company was formerly known as Pendragon PLC and changed its name to Pinewood Technologies Group PLC to February 2024.