Reach (LON:RCH) Announces Earnings Results

Reach (LON:RCH) posted its quarterly earnings data on Tuesday. The company reported GBX 25.30 ($0.32) earnings per share 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 Up 2.0 %

Shares of LON:RCH opened at GBX 87.86 ($1.12) on Wednesday. The company has a current ratio of 0.76, a quick ratio of 0.98 and a debt-to-equity ratio of 8.27. The stock has a fifty day simple moving average of GBX 83.29 and a two-hundred day simple moving average of GBX 90.30. Reach has a 12-month low of GBX 66.25 ($0.85) and a 12-month high of GBX 112.80 ($1.44). The stock has a market capitalization of £277.25 million, a price-to-earnings ratio of 6.69, a PEG ratio of -0.37 and a beta of 1.01.

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.