Relx (LON:REL) Shares Pass Above Two Hundred Day Moving Average - Here's Why

Shares of Relx Plc (LON:REL - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 3,587.16 ($45.08) and traded as high as GBX 3,660 ($46.00). Relx shares last traded at GBX 3,629 ($45.61), with a volume of 5,661,827 shares changing hands.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reaffirmed an "overweight" rating and issued a GBX 4,550 ($57.18) price objective on shares of Relx in a research report on Thursday, December 5th.

Relx Stock Performance

The firm has a fifty day moving average price of GBX 3,656.46 and a 200 day moving average price of GBX 3,588.01. The company has a debt-to-equity ratio of 218.66, a quick ratio of 0.45 and a current ratio of 0.48. The stock has a market cap of £67.50 billion, a PE ratio of 3,629.00, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48.

Insider Transactions at Relx

In other Relx news, insider June Felix purchased 1,400 shares of Relx stock in a transaction on Monday, September 30th. The stock was bought at an average cost of GBX 3,504 ($44.04) per share, with a total value of £49,056 ($61,651.38). Insiders own 0.42% of the company's stock.

Relx Company Profile

RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk.