Relx (LON:REL) Hits New 52-Week High - Here's Why

Relx Plc (LON:REL - Get Free Report)'s share price reached a new 52-week high during trading on Friday . The stock traded as high as GBX 4,048 ($49.74) and last traded at GBX 4,033 ($49.55), with a volume of 13983045 shares trading hands. The stock had previously closed at GBX 4,024 ($49.44).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 4,550 ($55.90) target price on shares of Relx in a research report on Tuesday, January 7th.

Relx Stock Down 0.2 %

The company has a debt-to-equity ratio of 218.66, a current ratio of 0.48 and a quick ratio of 0.45. The company has a market capitalization of £74.72 billion, a P/E ratio of 4,017.00, a P/E/G ratio of 2.69 and a beta of 0.48. The stock has a 50-day moving average price of GBX 3,764.30 and a 200-day moving average price of GBX 3,643.44.

Relx Company Profile

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.