Insider Buying: Restore plc (LON:RST) Insider Purchases 25,000 Shares of Stock

Restore plc (LON:RST) insider Dan Baker purchased 25,000 shares of the business’s stock in a transaction on Wednesday, October 16th. The shares were bought at an average price of GBX 256 ($3.34) per share, with a total value of £64,000 ($83,572.73).

Dan Baker also recently made the following trade(s):

• On Wednesday, August 21st, Dan Baker bought 3,000 shares of Restore stock. The shares were bought at an average cost of GBX 273 ($3.56) per share, for a total transaction of £8,190 ($10,694.70).

Restore Trading Down 1.2 %

LON RST opened at GBX 253 ($3.30) on Friday. 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 business has a fifty day simple moving average of GBX 263.27 and a 200 day simple moving average of GBX 255.31. Restore plc has a 12 month low of GBX 187 ($2.44) and a 12 month high of GBX 295.88 ($3.86). The firm has a market capitalization of £345.78 million, a P/E ratio of 8,433.33, a PEG ratio of 0.41 and a beta of 0.57.

Restore Cuts Dividend

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

About Restore

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.