Restore plc (LON:RST - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 237.68 ($3.22) and traded as high as GBX 266 ($3.60). Restore shares last traded at GBX 255 ($3.45), with a volume of 228,037 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group increased their target price on Restore from GBX 380 ($5.14) to GBX 400 ($5.41) and gave the company a "buy" rating in a report on Thursday, March 13th.
Get Our Latest Stock Report on Restore
Restore Stock Performance
The business has a fifty day simple moving average of GBX 237.98 and a two-hundred day simple moving average of GBX 235.30. The company has a quick ratio of 1.28, a current ratio of 1.07 and a debt-to-equity ratio of 100.35. The company has a market cap of £334.35 million, a P/E ratio of 87.59, a P/E/G ratio of 0.41 and a beta of 0.57.
Restore (LON:RST - Get Free Report) last issued its quarterly earnings results on Thursday, March 13th. The company reported GBX 19 ($0.26) EPS for the quarter. Restore had a return on equity of 1.64% and a net margin of 1.37%. On average, sell-side analysts anticipate that Restore plc will post 20.4953032 EPS for the current year.
Restore Increases Dividend
The business also recently declared a dividend, which will be paid on Friday, July 18th. Shareholders of record on Thursday, June 12th will be given a GBX 3.80 ($0.05) dividend. This is a boost from Restore's previous dividend of $2.00. The ex-dividend date of this dividend is Thursday, June 12th. This represents a yield of 1.58%. Restore's dividend payout ratio is presently 175.89%.
Insiders Place Their Bets
In other Restore news, insider Dan Baker bought 1,000 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The stock was purchased at an average price of GBX 249 ($3.37) per share, for a total transaction of £2,490 ($3,368.51). Also, insider Charles Skinner bought 44,438 shares of the business's stock in a transaction that occurred on Thursday, March 13th. The shares were acquired at an average price of GBX 225 ($3.04) per share, with a total value of £99,985.50 ($135,261.77). Company insiders own 15.23% of the company's stock.
Restore Company Profile
(
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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.
See Also
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