Insider Buying: Restore plc (LON:RST) Insider Buys 44,438 Shares of Stock

Restore plc (LON:RST) insider Charles Skinner acquired 44,438 shares of Restore stock in a transaction dated Thursday, March 13th. The shares were acquired at an average price of GBX 225 ($2.91) per share, with a total value of £99,985.50 ($129,514.90).

Restore Stock Performance

Shares of RST stock opened at GBX 227 ($2.94) on Friday. The firm has a market cap of £304.81 million, a price-to-earnings ratio of 79.86, a P/E/G ratio of 0.41 and a beta of 0.57. The company has a debt-to-equity ratio of 100.35, a quick ratio of 1.28 and a current ratio of 1.07. Restore plc has a 52 week low of GBX 210 ($2.72) and a 52 week high of GBX 295.88 ($3.83). The firm’s 50-day simple moving average is GBX 223 and its two-hundred day simple moving average is GBX 245.57.

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

Analyst Ratings Changes

A number of research analysts have recently issued reports on RST shares. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 380 ($4.92) price objective on shares of Restore in a report on Thursday, November 21st. Canaccord Genuity Group raised their price target on shares of Restore from GBX 380 ($4.92) to GBX 400 ($5.18) and gave the company a “buy” rating in a research report on Thursday.

About Restore

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.