Reach plc (LON:RCH - Get Free Report) shares were down 2.3% during mid-day trading on Thursday . The company traded as low as GBX 72.90 ($0.89) and last traded at GBX 73.40 ($0.89). Approximately 8,847,048 shares changed hands during mid-day trading, an increase of 487% from the average daily volume of 1,506,582 shares. The stock had previously closed at GBX 75.10 ($0.91).
Reach Price Performance
The stock has a market cap of £226.93 million, a price-to-earnings ratio of 553.85, a PEG ratio of -0.37 and a beta of 1.01. The company's 50 day moving average is GBX 85.42 and its 200 day moving average is GBX 94.16. The company has a debt-to-equity ratio of 8.27, a current ratio of 0.75 and a quick ratio of 0.98.
Insider Activity at Reach
In other news, insider Jim Mullen sold 48,534 shares of the firm's stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of GBX 89 ($1.08), for a total transaction of £43,195.26 ($52,555.37). 5.21% of the stock is currently owned by company insiders.
About Reach
(
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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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