Reach (LON:RCH) Issues Quarterly 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

RCH remained flat at GBX 85 ($1.10) during trading on Thursday. 1,226,466 shares of the company traded hands, compared to its average volume of 756,734. The stock has a market capitalization of £268.22 million, a P/E ratio of 6.47, a PEG ratio of -0.37 and a beta of 1.01. The company has a debt-to-equity ratio of 8.27, a current ratio of 0.76 and a quick ratio of 0.98. Reach has a 1-year low of GBX 66.55 ($0.86) and a 1-year high of GBX 112.80 ($1.45). The stock has a 50 day moving average of GBX 83.25 and a 200-day moving average of GBX 90.17.

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.