Insider Buying: Restore (LON:RST) Insider Purchases 11,001 Shares of Stock

Restore plc (LON:RST) insider Charles Skinner purchased 11,001 shares of Restore stock in a transaction that occurred on Thursday, December 18th. The stock was purchased at an average price of GBX 273 per share, with a total value of £30,032.73.

Restore Price Performance

Shares of Restore stock traded up GBX 2 on Friday, reaching GBX 268.50. 218,642 shares of the stock were exchanged, compared to its average volume of 352,342. The firm’s 50 day moving average is GBX 244.03 and its 200-day moving average is GBX 256.72. The firm has a market cap of £364.19 million, a PE ratio of 40.07, 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 one year low of GBX 207 and a one year high of GBX 355.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Berenberg Bank restated a “buy” rating and issued a GBX 360 target price on shares of Restore in a research note on Wednesday, October 29th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 307 price objective on shares of Restore in a research note on Monday. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 324.67.

Restore Company Profile

We provide secure and sustainable business services for data, information, communications and assets.

Restore plc leads the markets it serves. Supporting public and private sectors with critical services, income is highly predictable, recurring in nature and generates strong cashflows. We provide integrated information and data management, business digitisation, secure recycling of paper and technology assets, and commercial relocation solutions.

The Group has over 75 sites providing national scale with local service.