Reach (LON:RCH) Posts Earnings Results

Reach (LON:RCH) announced its quarterly earnings results on Tuesday. The company reported GBX 25.30 ($0.32) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Reach had a net margin of 7.49% and a return on equity of 6.35%.

Reach Stock Up 2.0 %

Shares of LON:RCH opened at GBX 87.86 ($1.12) on Wednesday. The stock’s 50-day moving average is GBX 83.29 and its 200 day moving average is GBX 90.30. The company has a market cap of £277.25 million, a PE ratio of 6.69, a P/E/G ratio of -0.37 and a beta of 1.01. The company has a debt-to-equity ratio of 8.27, a current ratio of 0.76 and a quick ratio of 0.98. Reach has a 1 year low of GBX 66.25 ($0.85) and a 1 year high of GBX 112.80 ($1.44).

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.