Reach (LON:RCH) Posts Earnings Results

Reach (LON:RCH) issued its earnings results on Tuesday. The company reported GBX 25.30 ($0.33) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Reach had a return on equity of 6.35% and a net margin of 7.49%.

Reach Price Performance

LON:RCH traded up GBX 0.11 ($0.00) during trading hours on Thursday, reaching GBX 85.11 ($1.10). The stock had a trading volume of 523,353 shares, compared to its average volume of 741,449. The company has a 50 day moving average price of GBX 83.25 and a two-hundred day moving average price of GBX 90.17. Reach has a 52 week low of GBX 66.55 ($0.86) and a 52 week high of GBX 112.80 ($1.45). The company has a debt-to-equity ratio of 8.27, a quick ratio of 0.98 and a current ratio of 0.76. The stock has a market capitalization of £268.57 million, a PE ratio of 6.48, a PEG ratio of -0.37 and a beta of 1.01.

About Reach

Reach plc is the UK’s and Ireland’s largest commercial news publisher. It is home to over 120 trusted brands, from national titles like the Mirror, Express, Daily Record and Daily Star, to local brands like MyLondon, BelfastLive and the Manchester Evening News.

With a purpose to enlighten, empower and entertain through brilliant journalism, these brands deliver the latest news, entertainment and sport to communities throughout the UK and Ireland and around the world every day.