Restore (LON:RST) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

Restore plc (LON:RSTGet Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 255.64 ($3.19) and traded as low as GBX 224 ($2.80). Restore shares last traded at GBX 238 ($2.97), with a volume of 533,385 shares trading hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 380 ($4.74) price objective on shares of Restore in a research note on Thursday, November 21st.

Check Out Our Latest Stock Report on Restore

Restore Trading Up 4.4 %

The company has a debt-to-equity ratio of 100.35, a quick ratio of 1.28 and a current ratio of 1.07. The stock has a market cap of £325.27 million, a P/E ratio of 7,933.33, a P/E/G ratio of 0.41 and a beta of 0.57. The company has a 50-day simple moving average of GBX 245.15 and a 200-day simple moving average of GBX 255.64.

About Restore

(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.

Further Reading

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