Charles Skinner Purchases 44,438 Shares of Restore plc (LON:RST) Stock

Restore plc (LON:RST) insider Charles Skinner acquired 44,438 shares of the company’s stock in a transaction dated Thursday, March 13th. The stock was acquired at an average price of GBX 225 ($2.91) per share, for a total transaction of £99,985.50 ($129,330.62).

Restore Trading Up 1.3 %

Shares of RST opened at GBX 228 ($2.95) on Friday. Restore plc has a 12-month low of GBX 210 ($2.72) and a 12-month high of GBX 295.88 ($3.83). 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 firm has a market capitalization of £306.16 million, a price-to-earnings ratio of 80.21, a P/E/G ratio of 0.41 and a beta of 0.57. The stock’s 50-day moving average price is GBX 222.72 and its 200 day moving average price is GBX 245.44.

Restore (LON:RST) last issued its quarterly earnings results on Thursday, March 13th. The company reported GBX 19 ($0.25) earnings per share (EPS) for the quarter. Restore had a return on equity of 1.64% and a net margin of 1.37%. As a group, research analysts predict that Restore plc will post 20.4953032 earnings per share for the current year.

Wall Street Analyst Weigh In

RST has been the topic of a number of recent analyst reports. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 380 ($4.92) price objective on shares of Restore in a research note on Thursday, November 21st. Canaccord Genuity Group lifted their price objective on Restore from GBX 380 ($4.92) to GBX 400 ($5.17) and gave the stock a “buy” rating in a research note on Thursday.

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.