Insider Buy: Restore plc (LON:RST) Insider buys 100,000 shares

Restore plc (LON:RST – Get Your Free Report) insider Charles Skinner bought 100,000 shares of the stock in a transaction dated Friday, August 30th. The shares were purchased at an average cost of GBX 280 ($3.69) per share, for a total transaction of GBX 280,000 ($369,247.00).

Restore trading up 1.7%

Shares of RST opened at GBX 284.77 ($3.76) on Monday. Restore plc has a 1 year low of GBX 169.50 ($2.24) and a 1 year high of GBX 295.88 ($3.90). 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 company’s fifty day moving average price is GBX 264.36 and its 200 day moving average price is GBX 247.32. The firm has a market cap of £389.20 million, a PE ratio of 9,333.33, a P/E/G ratio of 0.41 and a beta of 0.57.

Restore Dividend

The company also recently declared a dividend, which will be paid on Wednesday, October 23rd. Shareholders of record on Thursday, September 19th will be issued a dividend of GBX 2 ($0.03). The ex-dividend date is Thursday, September 19. This represents a dividend yield of 0.78%. Restore’s dividend payout ratio is currently 16,666.67%.

Changes in Analyst Ratings

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 380 ($5.01) price objective on shares of Restore in a report on Thursday, May 16th.

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About Restoration

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Restore plc, together with its subsidiaries, provides services to offices and workplaces in the public and private sectors, mainly 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 tagging of assets; and hardware and software upgrades and decommissioning solutions through reuse, recycling or destruction.

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