Restore (LON:RST) Trading Down 0.4% - Should You Sell?

Restore plc (LON:RST - Get Free Report)'s share price traded down 0.4% during mid-day trading on Thursday . The company traded as low as GBX 255 ($3.23) and last traded at GBX 256 ($3.25). 397,661 shares changed hands during mid-day trading, an increase of 9% from the average session volume of 365,441 shares. The stock had previously closed at GBX 257 ($3.26).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 380 ($4.82) target price on shares of Restore in a report on Thursday, November 21st.

Restore Price Performance

The company has a market cap of £349.88 million, a price-to-earnings ratio of 8,533.33, a price-to-earnings-growth ratio of 0.41 and a beta of 0.57. The firm's 50 day simple moving average is GBX 256.02 and its 200 day simple moving average is GBX 261. The company has a quick ratio of 1.28, a current ratio of 1.07 and a debt-to-equity ratio of 100.35.

Insider Buying and Selling at Restore

In other news, insider Dan Baker bought 25,000 shares of the firm's stock in a transaction that occurred on Wednesday, October 16th. The stock was acquired at an average price of GBX 256 ($3.25) per share, with a total value of £64,000 ($81,125.62). Also, insider Lisa Fretwell bought 199 shares of Restore stock in a transaction that occurred on Tuesday, October 22nd. The shares were acquired at an average price of GBX 253 ($3.21) per share, with a total value of £503.47 ($638.19). 15.23% of the stock is owned by company insiders.

Restore Company Profile

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.