Reach (LON:RCH) Insider Buys £82,000 in Stock

Reach plc (LON:RCH) insider Clive Whiley purchased 200,000 shares of the stock in a transaction that occurred on Monday, September 21st. The stock was purchased at an average price of GBX 41 per share, for a total transaction of £82,000.

Reach Trading Up 4.7%

RCH traded up GBX 1.89 during trading on Monday, hitting GBX 42.19. The company’s stock had a trading volume of 3,704,601 shares, compared to its average volume of 2,090,385. The company has a debt-to-equity ratio of 16.99, a current ratio of 0.54 and a quick ratio of 0.98. The stock has a market cap of £132.98 million, a PE ratio of -0.74, a PEG ratio of -0.37 and a beta of 1.32. Reach plc has a twelve month low of GBX 39 and a twelve month high of GBX 73.70. The firm’s 50 day moving average price is GBX 44.79 and its 200-day moving average price is GBX 52.71.

Reach (LON:RCH) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported GBX 11.10 earnings per share (EPS) for the quarter. Reach had a negative net margin of 36.18% and a negative return on equity of 36.14%. On average, analysts expect that Reach plc will post 27.2482394 earnings per share for the current 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. 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.