Reach (LON:RCH) Shares Down 3.4%

Reach plc (LON:RCH)’s stock price was down 3.4% on Tuesday . The company traded as low as GBX 68.50 ($0.85) and last traded at GBX 68.90 ($0.86). Approximately 629,886 shares changed hands during mid-day trading, a decline of 12% from the average daily volume of 716,089 shares. The stock had previously closed at GBX 71.30 ($0.89).

Reach Stock Up 2.8 %

The firm has a market capitalization of £222.59 million, a P/E ratio of 1,000.00, a PEG ratio of -0.37 and a beta of 0.92. The company has a debt-to-equity ratio of 9.92, a quick ratio of 0.98 and a current ratio of 0.86. The business’s fifty day moving average price is GBX 69.80 and its two-hundred day moving average price is GBX 71.61.

Reach Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 9th will be issued a GBX 4.46 ($0.06) dividend. This is a boost from Reach’s previous dividend of $2.88. This represents a dividend yield of 7.5%. The ex-dividend date is Thursday, May 9th. Reach’s dividend payout ratio (DPR) is currently 10,000.00%.

Reach Company Profile

Reach plc operates as a national and regional commercial news publisher in the United Kingdom and Ireland. The company has various national and regional brands across print and online, including Mirror, Express, Daily Star, Daily Record, Manchester Evening News, Liverpool Echo, Irish Star, OK! magazine, WalesOnline, MyLondon, and Curiously, as well as HullLive, edinburghlive, LeicestershireLive, CorkBeo, ChronicleLive, ECHO, TeessideLive, DevonLive, YorkshireLive, football.london, BirminghamLive, new, BristolLive, and Belfastlive.