Reach (LON:RCH) Trading Up 1.3% – Still a Buy?

Reach plc (LON:RCH)’s share price was up 1.3% on Thursday . The company traded as high as GBX 55.85 and last traded at GBX 55.30. Approximately 548,816 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 1,197,682 shares. The stock had previously closed at GBX 54.60.

Reach Stock Performance

The company has a debt-to-equity ratio of 8.27, a current ratio of 0.76 and a quick ratio of 0.98. The stock has a market cap of £174.48 million, a PE ratio of 3.57, a P/E/G ratio of -0.37 and a beta of 1.01. The stock has a 50-day simple moving average of GBX 59.63 and a 200-day simple moving average of GBX 67.41.

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.