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Restore (LON:RST) Share Price Passes Below 200 Day Moving Average - Time to Sell?

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Restore plc (LON:RST - Get Free Report)'s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 248.64 ($3.18) and traded as low as GBX 222.86 ($2.85). Restore shares last traded at GBX 222.86 ($2.85), with a volume of 1,059,657 shares traded.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 380 ($4.86) price target on shares of Restore in a research report on Thursday, November 21st.

Read Our Latest Stock Report on Restore

Restore Stock Performance

The company has a debt-to-equity ratio of 100.35, a current ratio of 1.07 and a quick ratio of 1.28. The company has a market capitalization of £295.41 million, a PE ratio of 77.39, a P/E/G ratio of 0.41 and a beta of 0.57. The stock has a 50-day simple moving average of GBX 225.46 and a 200 day simple moving average of GBX 247.61.

About Restore

(Get Free Report)

Restore plc, together with its subsidiaries, provides services to offices and workplaces in the public and private sectors primarily in the United Kingdom. The company operates through two segments, Digital & Information Management, and Secure Lifecycle Services. The company provides document management and recycling; document storage and retrieval; physical, seasonal, and on-site document scanning and IT; relocation; document collection and destruction services; data destruction and recycling of all types of IT assets, such as laptops, servers, and network equipment; recycling electrical waste; software imaging, physical installation, and asset tagging; and hardware and software upgrades and decommissioning solutions through repurposing, recycling, or destruction.

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