Restore plc (LON:RST - Get Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 257.24 ($3.13) and traded as low as GBX 218 ($2.65). Restore shares last traded at GBX 223.50 ($2.72), with a volume of 3,543,340 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 380 ($4.62) target price on shares of Restore in a research report on Thursday, November 21st.
Read Our Latest 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 firm has a market cap of £300.67 million, a P/E ratio of 7,333.33, a PEG ratio of 0.41 and a beta of 0.57. The stock's 50 day moving average is GBX 249.25 and its two-hundred day moving average is GBX 256.93.
Insiders Place Their Bets
In other news, insider Lisa Fretwell acquired 199 shares of the firm's stock in a transaction on Tuesday, October 22nd. The shares were purchased at an average cost of GBX 253 ($3.08) per share, with a total value of £503.47 ($612.57). Corporate 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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