Reach (LON:RCH) Issues Earnings Results

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

Reach Stock Performance

LON RCH traded down GBX 1.80 ($0.02) during trading hours on Thursday, hitting GBX 83.20 ($1.07). The company had a trading volume of 2,716,135 shares, compared to its average volume of 789,118. The company has a market cap of £262.54 million, a PE ratio of 6.33, a price-to-earnings-growth ratio of -0.37 and a beta of 1.01. Reach has a 1-year low of GBX 66.55 ($0.86) and a 1-year high of GBX 112.80 ($1.45). The business has a 50 day moving average of GBX 83.25 and a 200-day moving average of GBX 90.17. The company has a debt-to-equity ratio of 8.27, a quick ratio of 0.98 and a current ratio of 0.76.

Reach Company Profile

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.