Restore (LON:RST) Trading Down 0.4% – Should You Sell?

Restore plc (LON:RST) dropped 0.4% during trading on Thursday . The company traded as low as GBX 255 ($3.22) and last traded at GBX 256 ($3.23). Approximately 397,661 shares were traded during trading, an increase of 9% from the average daily volume of 365,441 shares. The stock had previously closed at GBX 257 ($3.24).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 380 ($4.80) price objective on shares of Restore in a report on Thursday, November 21st.

Restore Stock Down 0.4 %

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 company has a 50-day moving average of GBX 256.32 and a two-hundred day moving average of GBX 260.87. The company has a market capitalization of £348.51 million, a PE ratio of 8,500.00, a P/E/G ratio of 0.41 and a beta of 0.57.

Insider Transactions at Restore

In other Restore news, insider Dan Baker purchased 25,000 shares of the stock in a transaction dated Wednesday, October 16th. The stock was acquired at an average cost of GBX 256 ($3.23) per share, for a total transaction of £64,000 ($80,777.48). Also, insider Lisa Fretwell bought 199 shares of Restore stock in a transaction that occurred on Tuesday, October 22nd. The stock was purchased at an average cost of GBX 253 ($3.19) per share, for a total transaction of £503.47 ($635.45). Company insiders own 15.23% of the company’s stock.

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.