Pinewood Technologies Group (LON:PINE) Trading Down 0.8% – Here’s Why

Pinewood Technologies Group PLC (LON:PINE)’s share price traded down 0.8% during trading on Monday . The stock traded as low as GBX 425 and last traded at GBX 427. Approximately 234,238 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 3,711,825 shares. The stock had previously closed at GBX 430.50.

Analyst Ratings Changes

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

Pinewood Technologies Group Trading Up 4.2%

The stock has a market capitalization of £512.18 million, a price-to-earnings ratio of 9.27 and a beta of 0.57. The stock has a 50-day simple moving average of GBX 330.15 and a 200 day simple moving average of GBX 298.88.

Pinewood Technologies Group Company Profile

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.