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Relx (LON:REL) Stock Price Crosses Above 200-Day Moving Average - Here's Why

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Relx Plc (LON:REL - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,706.78 ($47.90) and traded as high as GBX 3,826 ($49.44). Relx shares last traded at GBX 3,747 ($48.42), with a volume of 5,114,363 shares.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reissued an "overweight" rating and set a GBX 4,770 ($61.64) target price on shares of Relx in a research note on Tuesday, February 18th.

View Our Latest Research Report on Relx

Relx Trading Up 0.6 %

The company has a quick ratio of 0.45, a current ratio of 0.48 and a debt-to-equity ratio of 216.69. The stock has a market capitalization of £68.18 billion, a P/E ratio of 36.81, a P/E/G ratio of 2.69 and a beta of 0.48. The firm's 50 day simple moving average is GBX 3,889.98 and its two-hundred day simple moving average is GBX 3,709.81.

Relx (LON:REL - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported GBX 120.10 ($1.55) earnings per share for the quarter. Relx had a net margin of 20.34% and a return on equity of 56.71%. As a group, analysts forecast that Relx Plc will post 134.0035675 earnings per share for the current fiscal year.

Insider Buying and Selling at Relx

In other Relx news, insider Erik Engstrom sold 128,798 shares of Relx stock in a transaction on Friday, February 14th. The shares were sold at an average price of GBX 4,073 ($52.63), for a total value of £5,245,942.54 ($6,778,579.33). Insiders own 0.42% of the company's stock.

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About Relx

(Get Free Report)

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.

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