Restore (LON:RST) Reaches New 52-Week High at $370.00

Restore plc (LON:RST)’s stock price reached a new 52-week high on Wednesday . The company traded as high as GBX 370 ($4.81) and last traded at GBX 370 ($4.81), with a volume of 113921 shares changing hands. The stock had previously closed at GBX 267.50 ($3.48).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 380 ($4.94) price objective on shares of Restore in a research report on Thursday, May 16th.

Restore Price Performance

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 fifty day simple moving average of GBX 259.70 and a two-hundred day simple moving average of GBX 245.44. The company has a market cap of £378.58 million, a PE ratio of 9,083.33, a price-to-earnings-growth ratio of 0.41 and a beta of 0.57.

Restore Cuts Dividend

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

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.