Insider Buying: Restore plc (LON:RST) Insider Acquires £64,000 in Stock

Restore plc (LON:RST) insider Dan Baker bought 25,000 shares of Restore stock in a transaction on Wednesday, October 16th. The stock was acquired at an average cost of GBX 256 ($3.34) per share, for a total transaction 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 stock was bought at an average price of GBX 273 ($3.56) per share, for a total transaction of £8,190 ($10,694.70).

Restore Trading Down 1.2 %

Shares of RST stock opened at GBX 253 ($3.30) on Friday. Restore plc has a twelve month low of GBX 187 ($2.44) and a twelve month high of GBX 295.88 ($3.86). The stock’s fifty day simple moving average is GBX 263.27 and its 200 day simple moving average is GBX 255.56. The company has a quick ratio of 1.28, a current ratio of 1.07 and a debt-to-equity ratio of 100.35. The firm has a market capitalization of £345.78 million, a P/E ratio of 8,433.33, a P/E/G 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. Stockholders of record on Thursday, September 19th will be issued 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 dividend payout ratio (DPR) is currently 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.