Key Points
- Reach insider Clive Whiley purchased 200,000 shares at GBX 41 each, representing a total investment of £82,000.
- Reach shares opened at GBX 40.30, near their one-year low of GBX 39 and below the 50-day and 200-day moving averages of GBX 44.41 and GBX 52.57, respectively.
- The company reported GBX 11.10 in quarterly earnings per share but continues to post weak profitability, including a negative net margin of 36.18% and negative return on equity of 36.14%.
Reach plc (LON:RCH - Get Free Report) insider Clive Whiley purchased 200,000 shares of the business's stock in a transaction dated Monday, September 21st. The stock was bought at an average price of GBX 41 per share, for a total transaction of £82,000.
Reach Stock Performance
RCH stock opened at GBX 40.30 on Tuesday. The company has a debt-to-equity ratio of 16.99, a quick ratio of 0.98 and a current ratio of 0.54. The firm has a market cap of £127.03 million, a price-to-earnings ratio of -0.71, a PEG ratio of -0.37 and a beta of 1.32. The firm has a 50-day simple moving average of GBX 44.41 and a two-hundred day simple moving average of GBX 52.57. Reach plc has a one year low of GBX 39 and a one year high of GBX 73.70.
Reach (LON:RCH - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported GBX 11.10 earnings per share for the quarter. Reach had a negative net margin of 36.18% and a negative return on equity of 36.14%. On average, equities analysts forecast that Reach plc will post 27.2482394 EPS for the current fiscal year.
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. It's proudly mainstream and each trusted title is a platform to represent and campaign for the voices of the communities they serve and to hold power to account.
Reach is transforming how it delivers value to stakeholders, evolving and growing a digitally-focused business while maintaining strong foundations in print.
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