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

Restore plc (LON:RST - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 257.82 ($3.46) and traded as high as GBX 270 ($3.63). Restore shares last traded at GBX 266.50 ($3.58), with a volume of 400,648 shares changing hands.

Restore Price Performance

The company has a market capitalization of £374.64 million, a P/E ratio of 98.15, a P/E/G ratio of 0.41 and a beta of 0.57. The firm's fifty day moving average is GBX 259.91 and its 200 day moving average is GBX 237.16. The company has a debt-to-equity ratio of 100.35, a quick ratio of 1.28 and a current ratio of 1.07.

Insider Buying and Selling

In related news, insider Dan Baker bought 1,000 shares of the company's stock in a transaction on Tuesday, May 13th. The shares were acquired at an average cost of GBX 249 ($3.34) per share, for a total transaction of £2,490 ($3,343.63). Insiders own 15.23% of the company's stock.

About Restore

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.