Reach (LON:RCH) Stock Price Up 1.3% – Should You Buy?

Shares of Reach plc (LON:RCH) shot up 1.3% on Thursday . The company traded as high as GBX 55.85 and last traded at GBX 55.30. 548,816 shares traded hands during trading, a decline of 54% from the average session volume of 1,197,682 shares. The stock had previously closed at GBX 54.60.

Reach Trading Up 0.2%

The business has a 50 day moving average of GBX 59.45 and a two-hundred day moving average of GBX 67.23. The firm has a market cap of £174.80 million, a P/E ratio of 3.57, a PEG ratio of -0.37 and a beta of 1.01. 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 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.