Pinewood Technologies Group (LON:PINE) Sets New 52-Week High at $40.15

Pinewood Technologies Group PLC (LON:PINE) shares hit a new 52-week high during trading on Monday . The company traded as high as GBX 40.15 ($0.50) and last traded at GBX 40.05 ($0.49), with a volume of 1639625 shares traded. The stock had previously closed at GBX 38.88 ($0.48).

Pinewood Technologies Group Stock Performance

Pinewood Technologies Group Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Tuesday, April 23rd will be given a dividend of GBX 24.50 ($0.30) per share. The ex-dividend date is Tuesday, April 23rd. This represents a yield of 62.82%.

Insiders Place Their Bets

In other Pinewood Technologies Group news, insider William Berman sold 1,462,114 shares of Pinewood Technologies Group stock in a transaction dated Monday, February 19th. The stock was sold at an average price of GBX 35 ($0.43), for a total transaction of £511,739.90 ($632,089.80). 24.98% of the stock is currently owned by insiders.

Pinewood Technologies Group Company Profile

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.