Reach (LON:RCH) Posts Quarterly Earnings Results

Reach (LON:RCH) announced its earnings results on Tuesday. The company reported GBX 25.30 ($0.33) earnings per share (EPS) 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 0.1 %

RCH stock opened at GBX 85.10 ($1.10) on Thursday. The firm has a 50-day simple moving average of GBX 83.25 and a 200-day simple moving average of GBX 90.17. The company has a quick ratio of 0.98, a current ratio of 0.76 and a debt-to-equity ratio of 8.27. Reach has a 52 week low of GBX 66.55 ($0.86) and a 52 week high of GBX 112.80 ($1.45). The stock has a market capitalization of £268.53 million, a P/E ratio of 6.48, a P/E/G ratio of -0.37 and a beta of 1.01.

About Reach

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.