Relx (LON:REL) Stock Price Crosses Above 200-Day Moving Average of $3,360.96

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 3,360.96 ($42.51) and traded as high as GBX 3,588 ($45.38). Relx shares last traded at GBX 3,570 ($45.16), with a volume of 4,407,953 shares changing hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank cut Relx to a “hold” rating and upped their price target for the company from GBX 3,300 ($41.74) to GBX 3,500 ($44.27) in a report on Friday, March 29th.

Relx Stock Performance

The company has a current ratio of 0.52, a quick ratio of 0.45 and a debt-to-equity ratio of 188.92. The stock has a fifty day moving average price of GBX 3,476.54 and a 200-day moving average price of GBX 3,360.96. The firm has a market capitalization of £66.90 billion, a price-to-earnings ratio of 3,923.08, a PEG ratio of 3.83 and a beta of 0.46.

Insider Transactions at Relx

In related news, insider Alistair R. Cox bought 1,630 shares of the company’s stock in a transaction dated Thursday, April 25th. The stock was acquired at an average cost of GBX 3,229 ($40.84) per share, with a total value of £52,632.70 ($66,573.11). 0.42% of the stock is currently owned by insiders.

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.