Restore (LON:RST) Shares Pass Below 50 Day Moving Average of $508.40
Restore PLC (LON:RST)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $508.40 and traded as low as $486.00. Restore shares last traded at $491.50, with a volume of 217,765 shares traded.
A number of analysts recently weighed in on RST shares. Peel Hunt reissued a “buy” rating and issued a GBX 475 ($6.25) price objective on shares of Restore in a research report on Thursday, November 7th. Peel Hunt reaffirmed a “buy” rating on shares of Restore in a research report on Monday, January 6th.
The firm has a market capitalization of $611.52 million and a PE ratio of 35.36. The stock’s 50-day moving average price is GBX 508.40 and its 200 day moving average price is GBX 438.93. The company has a debt-to-equity ratio of 117.54, a current ratio of 1.10 and a quick ratio of 1.08.
Restore plc, together with its subsidiaries, operates as a support services company primarily in the United Kingdom. The company operates through two segments, Document Management and Relocation. The Document Management segment stores and retrieves hard copy documents stored in cardboard boxes; manages archive boxes of document files, magnetic data, films, and other materials for blue-chip organizations; and offers reorganization of customer documents, document restoration, file-tracking, and electronic data back-up services, as well as cloud storage that allows access to indexed records.
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