Relx (LON:REL) Stock Crosses Above 200-Day Moving Average of $3,326.65

Relx Plc (LON:REL)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,326.65 ($42.27) and traded as high as GBX 3,589 ($45.60). Relx shares last traded at GBX 3,587 ($45.58), with a volume of 2,046,311 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank downgraded shares of Relx to a “hold” rating and lifted their price target for the company from GBX 3,300 ($41.93) to GBX 3,500 ($44.47) in a research report on Friday, March 29th.

Relx Stock Down 0.1 %

The firm has a market cap of £67.08 billion, a price-to-earnings ratio of 3,941.76, a P/E/G ratio of 3.83 and a beta of 0.46. The firm has a 50 day moving average price of GBX 3,426.16 and a 200-day moving average price of GBX 3,326.65. The company has a current ratio of 0.52, a quick ratio of 0.45 and a debt-to-equity ratio of 188.92.

Insiders Place Their Bets

In related news, insider Alistair R. Cox acquired 1,630 shares of the business’s stock in a transaction that occurred on Thursday, April 25th. The stock was purchased at an average cost of GBX 3,229 ($41.03) per share, for a total transaction of £52,632.70 ($66,877.64). 0.42% of the stock is currently owned by company 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.