Reach (LON:RCH) Shares Down 1% – Should You Sell?

Reach plc (LON:RCH) dropped 1% during trading on Friday . The stock traded as low as GBX 68.20 ($0.92) and last traded at GBX 68.40 ($0.93). Approximately 804,652 shares traded hands during mid-day trading, a decline of 15% from the average daily volume of 945,123 shares. The stock had previously closed at GBX 69.10 ($0.94).

Reach Price Performance

The stock has a market cap of £215.84 million, a P/E ratio of 5.21, a PEG ratio of -0.37 and a beta of 1.01. The company has a 50 day simple moving average of GBX 72.30 and a 200 day simple moving average of GBX 75.72. The company has a current ratio of 0.76, a quick ratio of 0.98 and a debt-to-equity ratio of 8.27.

Reach (LON:RCH) last released its earnings results on Thursday, July 24th. The company reported GBX 10.70 ($0.15) EPS for the quarter. Reach had a return on equity of 6.35% and a net margin of 7.49%. Sell-side analysts forecast that Reach plc will post 27.2482394 earnings per share for the current fiscal year.

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.