Reach plc (LON:RCH - Get Free Report) traded up 1% on Tuesday . The company traded as high as GBX 78.60 ($1.02) and last traded at GBX 76.47 ($0.99). 3,123,349 shares traded hands during trading, an increase of 242% from the average session volume of 912,444 shares. The stock had previously closed at GBX 75.70 ($0.98).
Reach Stock Down 0.1 %
The firm has a fifty day simple moving average of GBX 83.06 and a 200-day simple moving average of GBX 87.68. The company has a market capitalization of £239.50 million, a PE ratio of 5.78, a P/E/G ratio of -0.37 and a beta of 1.01. The company has a debt-to-equity ratio of 8.27, a quick ratio of 0.98 and a current ratio of 0.76.
Reach (LON:RCH - Get Free Report) last issued its quarterly earnings results on Tuesday, March 4th. The company reported GBX 25.30 ($0.33) earnings per share (EPS) for the quarter. Reach had a net margin of 7.49% and a return on equity of 6.35%. Equities research analysts anticipate that Reach plc will post 27.2482394 EPS for the current fiscal year.
Reach Increases Dividend
The business also recently declared a dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 1st will be given a dividend of GBX 4.46 ($0.06) per share. This is a boost from Reach's previous dividend of $2.88. The ex-dividend date is Thursday, May 1st. This represents a dividend yield of 5.85%. Reach's dividend payout ratio (DPR) is presently 53.29%.
Reach Company Profile
(
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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.
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