Restore PLC (LON:RST) Insider Sells £24,329.11 in Stock

Restore PLC (LON:RST) insider Adam Councell sold 6,037 shares of Restore stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of GBX 403 ($5.27), for a total value of £24,329.11 ($31,790.29).

Shares of RST stock opened at GBX 410 ($5.36) on Friday. The firm has a market cap of $501.97 million and a P/E ratio of 32.80. Restore PLC has a 1 year low of GBX 213 ($2.78) and a 1 year high of GBX 538 ($7.03). The company has a quick ratio of 1.21, a current ratio of 1.68 and a debt-to-equity ratio of 57.08.

The company also recently disclosed a dividend, which will be paid on Friday, July 12th. Investors of record on Thursday, June 6th will be issued a dividend of GBX 4 ($0.05) per share. The ex-dividend date of this dividend is Thursday, June 6th. This represents a yield of 1.06%. Restore’s dividend payout ratio is presently 0.64%.

A number of research firms recently weighed in on RST. Peel Hunt restated a “buy” rating on shares of Restore in a research note on Tuesday, May 21st. Berenberg Bank restated a “buy” rating and issued a GBX 515 ($6.73) price target on shares of Restore in a research note on Monday, March 18th. Finally, Liberum Capital restated a “buy” rating on shares of Restore in a research note on Monday, March 18th.

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Restore Company Profile

Restore plc, together with its subsidiaries, operates as a support services company primarily in the United Kingdom. The company operates through two segments, Document Management and Relocation. The Document Management segment stores and retrieves hard copy documents stored in cardboard boxes; manages archive boxes of document files, magnetic data, films, and other materials for blue-chip organizations; and offers reorganization of customer documents, document restoration, file-tracking, and electronic data back-up services, as well as cloud storage that allows access to indexed records.

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