Reach (LON:RCH) Announces Quarterly Earnings Results

Reach (LON:RCH) released its quarterly earnings data 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 Price Performance

LON RCH traded down GBX 1.80 ($0.02) during trading hours on Thursday, reaching GBX 83.20 ($1.07). The company’s stock had a trading volume of 2,716,135 shares, compared to its average volume of 789,118. The company has a debt-to-equity ratio of 8.27, a current ratio of 0.76 and a quick ratio of 0.98. The firm has a market capitalization of £262.54 million, a price-to-earnings ratio of 6.33, a P/E/G 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 company’s 50-day moving average is GBX 83.25 and its two-hundred day moving average is 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.