Piers North Sells 13,302 Shares of Reach (LON:RCH) Stock

Reach plc (LON:RCH) insider Piers North sold 13,302 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of GBX 66, for a total transaction of £8,779.32.

Reach Stock Up 1.2%

LON:RCH traded up GBX 0.80 during trading hours on Friday, hitting GBX 66.90. 15,686,580 shares of the stock traded hands, compared to its average volume of 2,119,209. The firm has a 50 day moving average price of GBX 64.15 and a 200 day moving average price of GBX 60.38. The company has a current ratio of 0.69, a quick ratio of 0.98 and a debt-to-equity ratio of 12.68. Reach plc has a fifty-two week low of GBX 52.80 and a fifty-two week high of GBX 81. The firm has a market cap of £211.08 million, a price-to-earnings ratio of -1.60, a PEG ratio of -0.37 and a beta of 1.41.

Reach (LON:RCH) last announced its earnings results on Tuesday, March 3rd. The company reported GBX 26.80 earnings per share (EPS) for the quarter. Reach had a negative net margin of 25.52% and a negative return on equity of 21.91%. Equities research analysts anticipate that Reach plc will post 27.2482394 earnings per share for the current year.

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. It’s proudly mainstream and each trusted title is a platform to represent and campaign for the voices of the communities they serve and to hold power to account.

Reach is transforming how it delivers value to stakeholders, evolving and growing a digitally-focused business while maintaining strong foundations in print.