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Reach (LON:RCH) Stock Price Up 1.6% - Here's Why

Reach logo with Communication Services background

Reach plc (LON:RCH - Get Free Report)'s share price rose 1.6% during mid-day trading on Monday . The stock traded as high as GBX 87.60 ($1.10) and last traded at GBX 86.90 ($1.09). Approximately 189,973 shares were traded during trading, a decline of 72% from the average daily volume of 672,616 shares. The stock had previously closed at GBX 85.50 ($1.08).

Reach Stock Down 1.2 %

The firm's 50 day moving average price is GBX 83.31 and its two-hundred day moving average price is GBX 91.95. The company has a market cap of £258.75 million, a P/E ratio of 6.24, a price-to-earnings-growth 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.

Insider Activity at Reach

In related news, insider Jim Mullen sold 48,534 shares of Reach stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of GBX 89 ($1.12), for a total value of £43,195.26 ($54,367.85). 5.21% of the stock is currently owned by insiders.

About Reach

(Get Free Report)

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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