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Reach (LON:RCH) Trading Down 1% - What's Next?

Reach logo with Communication Services background

Key Points

  • Reach plc shares decreased by 1%, trading at GBX 68.40 ($0.93) amid a lower trading volume of 804,652 shares, which is a 15% drop compared to its average daily volume.
  • The company has a market cap of £215.84 million, a P/E ratio of 5.21, and reports an earnings per share (EPS) of GBX 10.70 ($0.15) for the last quarter.
  • As the UK's largest commercial news publisher, Reach operates over 120 brands including the Mirror and Daily Record, aiming to deliver impactful journalism and media content.
  • Want stock alerts on Reach? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Reach plc (LON:RCH - Get Free Report)'s share price was down 1% during mid-day trading on Friday . The stock traded as low as GBX 68.20 ($0.92) and last traded at GBX 68.40 ($0.92). Approximately 804,652 shares changed hands during trading, a decline of 15% from the average daily volume of 945,123 shares. The stock had previously closed at GBX 69.10 ($0.93).

Reach Price Performance

The firm has a market capitalization of £223.41 million, a price-to-earnings ratio of 5.39, a price-to-earnings-growth ratio of -0.37 and a beta of 1.01. 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 50-day moving average of GBX 72.28 and a 200-day moving average of GBX 75.44.

Reach (LON:RCH - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The company reported GBX 10.70 earnings per share for the quarter. Reach had a return on equity of 6.35% and a net margin of 7.49%. As a group, research analysts anticipate that Reach plc will post 27.2482394 EPS for the current fiscal year.

About Reach

(Get Free Report)

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.

Further Reading

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