Reach (LON:RCH) Insider Darren Fisher Sells 92,119 Shares

Key Points

• Insider sale: Director Darren Fisher sold 92,119 shares on April 16 at an average of GBX 66, generating £60,798.54 in proceeds.
• Volume spike and price action: Shares rose about 1.2% to GBX 66.90 on heavy volume (15.69m shares vs. a 2.12m average), trading near its 50‑day (GBX 64.15) and 200‑day (GBX 60.38) moving averages within a 52‑week range of GBX 52.80–81.00.
• Weak fundamentals: Reach shows negative profitability with a P/E of -1.60, return on equity of -21.91% and net margin of -25.52%, and a market cap of about £211.1 million.

Reach plc (LON:RCH - Get Free Report) insider Darren Fisher sold 92,119 shares of the company's stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of GBX 66, for a total transaction of £60,798.54.

Reach Trading Up 1.2%

Shares of LON RCH traded up GBX 0.80 during midday trading on Friday, reaching GBX 66.90. 15,686,580 shares of the stock were exchanged, compared to its average volume of 2,119,209. The stock has a 50 day moving average price of GBX 64.15 and a 200-day moving average price of GBX 60.38. Reach plc has a 52-week low of GBX 52.80 and a 52-week high of GBX 81. The company has a current ratio of 0.69, a quick ratio of 0.98 and a debt-to-equity ratio of 12.68. The company has a market capitalization of £211.08 million, a P/E ratio of -1.60, a P/E/G ratio of -0.37 and a beta of 1.41.

Reach (LON:RCH - Get Free Report) last released its quarterly earnings data on Tuesday, March 3rd. The company reported GBX 26.80 EPS for the quarter. Reach had a negative return on equity of 21.91% and a negative net margin of 25.52%. Equities research analysts expect that Reach plc will post 27.2482394 earnings per share for the current fiscal 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.

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