Restore plc (LON:RST - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 243.75 ($3.15) and traded as low as GBX 231 ($2.98). Restore shares last traded at GBX 233.45 ($3.01), with a volume of 209,554 shares traded.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group upped their target price on Restore from GBX 380 ($4.91) to GBX 400 ($5.17) and gave the stock a "buy" rating in a report on Thursday, March 13th.
Check Out Our Latest Stock Analysis on Restore
Restore Trading Up 0.5 %
The company has a market cap of £314.21 million, a P/E ratio of 82.32, a PEG ratio of 0.41 and a beta of 0.57. The company has a current ratio of 1.07, a quick ratio of 1.28 and a debt-to-equity ratio of 100.35. The stock's 50 day moving average is GBX 222.05 and its 200-day moving average is GBX 242.83.
Restore (LON:RST - Get Free Report) last posted its quarterly earnings results on Thursday, March 13th. The company reported GBX 19 ($0.25) EPS for the quarter. Restore had a net margin of 1.37% and a return on equity of 1.64%. Research analysts anticipate that Restore plc will post 20.4953032 earnings per share for the current fiscal year.
Restore Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, July 18th. Shareholders of record on Thursday, June 12th will be paid a dividend of GBX 3.80 ($0.05) per share. This represents a yield of 1.58%. This is an increase from Restore's previous dividend of $2.00. The ex-dividend date is Thursday, June 12th. Restore's dividend payout ratio (DPR) is currently 175.89%.
Insider Activity
In related news, insider Charles Skinner purchased 44,438 shares of Restore stock in a transaction dated Thursday, March 13th. The stock was purchased at an average cost of GBX 225 ($2.91) per share, for a total transaction of £99,985.50 ($129,113.51). Corporate insiders own 15.23% of the company's stock.
Restore Company Profile
(
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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