Restore plc (LON:RST - Get Free Report)'s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 241.65 ($3.14) and traded as low as GBX 230 ($2.99). Restore shares last traded at GBX 230 ($2.99), with a volume of 1,022,384 shares.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group boosted their price target on Restore from GBX 380 ($4.93) to GBX 400 ($5.19) and gave the company a "buy" rating in a report on Thursday, March 13th.
Read Our Latest Report on Restore
Restore Price Performance
The company has a market cap of £306.83 million, a PE ratio of 80.38, a price-to-earnings-growth ratio of 0.41 and a beta of 0.57. The business has a 50 day moving average of GBX 224 and a 200 day moving average of GBX 240.52. The company has a debt-to-equity ratio of 100.35, a current ratio of 1.07 and a quick ratio of 1.28.
Restore (LON:RST - Get Free Report) last posted its 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%. As a group, research analysts predict that Restore plc will post 20.4953032 EPS for the current year.
Restore Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, July 18th. Shareholders of record on Thursday, June 12th will be given a dividend of GBX 3.80 ($0.05) per share. This represents a yield of 1.58%. This is a boost from Restore's previous dividend of $2.00. The ex-dividend date of this dividend is Thursday, June 12th. Restore's payout ratio is presently 175.89%.
Insiders Place Their Bets
In other Restore news, insider Charles Skinner bought 44,438 shares of the company's stock in a transaction dated Thursday, March 13th. The shares were purchased at an average price of GBX 225 ($2.92) per share, for a total transaction of £99,985.50 ($129,834.44). Company insiders own 15.23% of the company's stock.
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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