Restore (LON:RST) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Posted by James Quigley on Feb 23rd, 2025

Shares of Restore plc (LON:RST – Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 249.93 ($3.16) and traded as low as GBX 220 ($2.78). Restore shares last traded at GBX 223 ($2.82), with a volume of 332,729 shares traded.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 380 ($4.80) target price on shares of Restore in a research note on Thursday, November 21st.

Read Our Latest Analysis on Restore

Restore Stock Performance

The firm has a market cap of £299.44 million, a PE ratio of 78.45, a P/E/G ratio of 0.41 and a beta of 0.57. The company has a 50 day simple moving average of GBX 228.31 and a two-hundred day simple moving average of GBX 249.71. The company has a debt-to-equity ratio of 100.35, a quick ratio of 1.28 and a current ratio of 1.07.

Restore Company Profile

(Get Free Report)

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.