Reach (LON:RCH) Releases Earnings Results

Reach (LON:RCH) posted its quarterly 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 Stock Down 2.1 %

RCH stock traded down GBX 1.80 ($0.02) during trading on Thursday, reaching GBX 83.20 ($1.07). 2,716,135 shares of the company traded hands, compared to its average volume of 789,118. The business has a 50 day simple moving average of GBX 83.25 and a 200 day simple moving average of GBX 90.17. Reach has a 12 month low of GBX 66.55 ($0.86) and a 12 month 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 company has a market capitalization of £262.54 million, a price-to-earnings ratio of 6.33, a price-to-earnings-growth 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.