Restore (LON:RST) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

Posted by Doug Madison on Jan 19th, 2025

Shares of Restore plc (LON:RST – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 257.24 ($3.13) and traded as low as GBX 218 ($2.65). Restore shares last traded at GBX 223.50 ($2.72), with a volume of 3,543,340 shares.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 380 ($4.62) price target on shares of Restore in a research note on Thursday, November 21st.

Read Our Latest Stock Report on Restore

Restore Price Performance

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 stock has a market capitalization of £300.67 million, a price-to-earnings ratio of 7,333.33, a PEG ratio of 0.41 and a beta of 0.57. The stock’s 50 day simple moving average is GBX 249.25 and its 200-day simple moving average is GBX 256.92.

Insider Activity at Restore

In related news, 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 ($3.08) per share, for a total transaction of £503.47 ($612.57). 15.23% of the stock is owned by company insiders.

Restore Company Profile

(Get Free Report)

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.