Relx (LON:REL) Reaches New 52-Week High - Still a Buy?

Relx Plc (LON:REL - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as GBX 4,144 ($52.16) and last traded at GBX 4,120 ($51.86), with a volume of 2725883 shares. The stock had previously closed at GBX 4,076 ($51.30).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. restated an "overweight" rating and set a GBX 4,550 ($57.27) price target on shares of Relx in a report on Tuesday, January 7th.

Relx Trading Down 1.5 %

The firm has a market cap of £75.32 billion, a PE ratio of 40.66, a P/E/G ratio of 2.69 and a beta of 0.48. The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 216.69. The business has a fifty day moving average price of GBX 3,833.37 and a 200 day moving average price of GBX 3,676.23.

Relx (LON:REL - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported GBX 120.10 ($1.51) EPS for the quarter. Relx had a return on equity of 56.71% and a net margin of 20.34%. Analysts forecast that Relx Plc will post 134.0035675 EPS for the current year.

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.