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Reach (LON:RCH) Shares Down 1.7% - What's Next?

Reach logo with Communication Services background

Reach plc (LON:RCH - Get Free Report) traded down 1.7% during trading on Wednesday . The stock traded as low as GBX 70.10 ($0.96) and last traded at GBX 70.80 ($0.97). 451,885 shares were traded during mid-day trading, a decline of 46% from the average session volume of 838,905 shares. The stock had previously closed at GBX 72 ($0.98).

Reach Trading Down 0.4%

The stock has a 50 day simple moving average of GBX 73.63 and a 200-day simple moving average of GBX 77.52. The firm has a market capitalization of £228.77 million, a P/E ratio of 5.52, a P/E/G ratio of -0.37 and a beta of 1.01. The company has a current ratio of 0.76, a quick ratio of 0.98 and a debt-to-equity ratio of 8.27.

Insider Activity

In other Reach news, insider Darren Fisher sold 84,119 shares of the business's stock in a transaction dated Thursday, April 10th. The stock was sold at an average price of GBX 68 ($0.93), for a total transaction of £57,200.92 ($78,111.32). 5.21% of the stock is currently owned by corporate insiders.

Reach Company Profile

(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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