Relx (LON:REL) Share Price Passes Above 200 Day Moving Average of $3,247.62

Relx Plc (LON:REL) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3,247.62 ($41.28) and traded as high as GBX 3,469 ($44.09). Relx shares last traded at GBX 3,466 ($44.05), with a volume of 1,746,411 shares.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on REL. Berenberg Bank lowered shares of Relx to a “hold” rating and boosted their price objective for the company from GBX 3,300 ($41.94) to GBX 3,500 ($44.48) in a report on Friday, March 29th. JPMorgan Chase & Co. increased their price objective on Relx from GBX 3,770 ($47.92) to GBX 4,100 ($52.11) and gave the company an “overweight” rating in a report on Friday, February 16th.

Relx Trading Up 0.5 %

The company has a quick ratio of 0.45, a current ratio of 0.52 and a debt-to-equity ratio of 188.92. The company’s 50-day moving average price is GBX 3,375.07 and its 200-day moving average price is GBX 3,253.66. The firm has a market cap of £65.11 billion, a price-to-earnings ratio of 3,704.26, a price-to-earnings-growth ratio of 3.76 and a beta of 0.46.

Insiders Place Their Bets

In other Relx news, insider Alistair R. Cox purchased 1,630 shares of the firm’s stock in a transaction dated Thursday, April 25th. The shares were purchased at an average cost of GBX 3,229 ($41.04) per share, with a total value of £52,632.70 ($66,894.64). 0.42% of the stock is currently owned by corporate insiders.

About Relx

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.