Insider Buying: Restore plc (LON:RST) Insider Acquires £99,985.50 in Stock

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

Restore Stock Up 1.3 %

RST stock opened at GBX 228 ($2.95) on Friday. The stock has a market capitalization of £306.16 million, a price-to-earnings ratio of 80.21, a PEG ratio of 0.41 and a beta of 0.57. Restore plc has a fifty-two week low of GBX 210 ($2.72) and a fifty-two week high of GBX 295.88 ($3.83). 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 business’s fifty day moving average price is GBX 222.42 and its two-hundred day moving average price is GBX 244.79.

Restore (LON:RST) last released its 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%. On average, equities analysts anticipate that Restore plc will post 20.4953032 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have commented on RST. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 380 ($4.92) price objective on shares of Restore in a report on Thursday, November 21st. Canaccord Genuity Group increased 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 report 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.