Restore (LON:RST) Posts Earnings Results

Restore (LON:RST) released its quarterly earnings results on Thursday. The company reported GBX 19 ($0.25) earnings per share for the quarter, Digital Look Earnings reports. Restore had a return on equity of 1.64% and a net margin of 1.37%.

Restore Price Performance

Shares of LON:RST opened at GBX 228 ($2.96) on Thursday. The business has a fifty day simple moving average of GBX 223 and a 200-day simple moving average of GBX 245.57. Restore has a 52 week low of GBX 210 ($2.72) and a 52 week high of GBX 295.88 ($3.84). The company has a market cap of £306.16 million, a P/E ratio of 80.21, a P/E/G ratio of 0.41 and a beta of 0.57. The company has a quick ratio of 1.28, a current ratio of 1.07 and a debt-to-equity ratio of 100.35.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 380 ($4.93) price objective on shares of Restore in a research report on Thursday, November 21st.

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.