Restore (LON:RST) Shares Pass Above 50-Day Moving Average - Time to Sell?

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

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 263.80 ($3.57) and traded as high as GBX 264 ($3.57). Restore shares last traded at GBX 264 ($3.57), with a volume of 556,533 shares traded.

Wall Street Analysts Forecast Growth

RST has been the subject of several recent analyst reports. Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 404 price objective on shares of Restore in a research note on Tuesday, July 29th. Peel Hunt reaffirmed a "buy" rating and set a GBX 307 price objective on shares of Restore in a research note on Tuesday, July 29th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Restore presently has an average rating of "Buy" and a consensus price target of GBX 363.67.

Restore Stock Performance

The firm has a market capitalization of £351.81 million, a P/E ratio of 92.17, a P/E/G ratio of 0.41 and a beta of 0.57. The firm has a 50-day moving average price of GBX 264.23 and a two-hundred day moving average price of GBX 243.99. 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 released its quarterly earnings data on Tuesday, July 29th. The company reported GBX 10 earnings per share for the quarter. Restore had a return on equity of 1.64% and a net margin of 1.37%. On average, analysts forecast that Restore plc will post 20.4953032 EPS for the current fiscal year.

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.