Reach (LON:RCH) Given Buy Rating at Peel Hunt

Peel Hunt reiterated their buy rating on shares of Reach (LON:RCH) in a report released on Tuesday morning, ThisIsMoney.Co.Uk reports.

Shares of LON RCH opened at GBX 99 ($1.29) on Tuesday. The company has a quick ratio of 0.88, a current ratio of 0.91 and a debt-to-equity ratio of 6.87. Reach has a 52 week low of GBX 54 ($0.71) and a 52 week high of GBX 99.20 ($1.30). The firm has a 50-day moving average price of GBX 93.14 and a 200 day moving average price of GBX 79.97. The stock has a market capitalization of $296.28 million and a price-to-earnings ratio of 7.39.

The business also recently disclosed a dividend, which was paid on Friday, September 27th. Investors of record on Thursday, September 5th were paid a GBX 2.50 ($0.03) dividend. This represents a dividend yield of 2.87%. The ex-dividend date of this dividend was Thursday, September 5th. Reach’s dividend payout ratio (DPR) is 0.45%.

Reach Company Profile

Reach plc produces and distributes content through newspapers, magazines, and associated digital platforms in the United Kingdom, the Republic of Ireland, Continental Europe, and internationally. The company operates through four segments: Publishing, Printing, Specialist Digital, and Central. The Publishing segment offers content through paid-for and free newspapers and related multi-platform digital sites; holds events and exhibitions related to publishing activities; provides contract publishing for football clubs and other sport-related organizations; and offers marketing solutions and commercial partnerships.

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