Relx (LON:REL) Sets New 1-Year High - Here's What Happened

Relx Plc (LON:REL - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 3,973 ($48.98) and last traded at GBX 3,965 ($48.88), with a volume of 2051055 shares changing hands. The stock had previously closed at GBX 3,958.71 ($48.81).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reissued an "overweight" rating and set a GBX 4,550 ($56.10) target price on shares of Relx in a research note on Tuesday, January 7th.

Relx Stock Up 0.8 %

The company's fifty day simple moving average is GBX 3,700.02 and its 200-day simple moving average is GBX 3,619.94. The firm has a market capitalization of £74.33 billion, a PE ratio of 3,996.00, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48. The company has a debt-to-equity ratio of 218.66, a current ratio of 0.48 and a quick ratio of 0.45.

About Relx

RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 33,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.