Restore (LON:RST) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Restore plc (LON:RSTGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 256.87 and traded as low as GBX 233. Restore shares last traded at GBX 236.75, with a volume of 122,487 shares.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 360 price objective on shares of Restore in a research report on Wednesday, October 29th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, Restore has an average rating of “Buy” and a consensus price target of GBX 357.

Read Our Latest Stock Analysis on Restore

Restore Trading Down 0.1%

The company has a current ratio of 1.07, a quick ratio of 1.28 and a debt-to-equity ratio of 100.35. The stock has a market capitalization of £321.13 million, a price-to-earnings ratio of 35.34, a price-to-earnings-growth ratio of 0.41 and a beta of 0.57. The business has a 50 day simple moving average of GBX 247.18 and a 200-day simple moving average of GBX 256.87.

Restore Company Profile

(Get Free Report)

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.

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