Shares of Restore plc (LON:RST - Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 257.01 ($3.31) and traded as high as GBX 262.90 ($3.38). Restore shares last traded at GBX 261.50 ($3.37), with a volume of 112,438 shares changing hands.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reissued a "buy" rating and set a GBX 380 ($4.89) price target on shares of Restore in a research report on Friday, October 25th.
View Our Latest Stock Report on Restore
Restore Price Performance
The firm has a market cap of £360.81 million, a PE ratio of 8,766.67, a PEG ratio of 0.41 and a beta of 0.57. The company has a debt-to-equity ratio of 100.35, a quick ratio of 1.28 and a current ratio of 1.07. The company's 50-day simple moving average is GBX 256.65 and its two-hundred day simple moving average is GBX 259.58.
Insider Buying and Selling at Restore
In other news, insider Charles Skinner purchased 100,000 shares of the company's stock in a transaction on Friday, August 30th. The stock was acquired at an average price of GBX 280 ($3.60) per share, with a total value of £280,000 ($360,313.99). In related news, insider Charles Skinner bought 100,000 shares of the company's stock in a transaction dated Friday, August 30th. The stock was purchased at an average cost of GBX 280 ($3.60) per share, with a total value of £280,000 ($360,313.99). Also, insider Dan Baker bought 25,000 shares of the company's stock in a transaction dated Wednesday, October 16th. The stock was bought at an average cost of GBX 256 ($3.29) per share, with a total value of £64,000 ($82,357.48). Insiders bought 128,199 shares of company stock valued at $35,269,347 in the last quarter. Company insiders own 15.23% of the company's stock.
About Restore
(
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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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