Relx (LON:REL) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Relx Plc (LON:REL) crossed above its 200-day moving average during trading on Friday . The stock has a 200-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.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 4,550 ($57.18) price objective on shares of Relx in a research note on Thursday, December 5th.

Relx Price Performance

The company has a 50-day moving average of GBX 3,656.46 and a two-hundred day moving average of GBX 3,587.16. The company has a debt-to-equity ratio of 218.66, a current ratio of 0.48 and a quick ratio of 0.45. The stock has a market capitalization of £67.50 billion, a PE ratio of 3,629.00, a P/E/G ratio of 2.69 and a beta of 0.48.

Insider Activity

In other news, insider June Felix bought 1,400 shares of the business’s stock in a transaction that occurred on Monday, September 30th. The shares were acquired at an average cost of GBX 3,504 ($44.04) per share, with a total value of £49,056 ($61,651.38). Corporate 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.