Relx (LON:REL) Share Price Passes Above 200-Day Moving Average – What’s Next?

Shares of Relx Plc (LON:REL) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred 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 traded.

Wall Street Analysts Forecast Growth

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

Relx Trading Down 0.7 %

The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 218.66. The company has a market cap 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. The company has a fifty day simple moving average of GBX 3,656.46 and a two-hundred day simple moving average of GBX 3,588.01.

Insider Buying and Selling

In related news, insider June Felix acquired 1,400 shares of Relx stock in a transaction dated Monday, September 30th. The stock was acquired at an average price of GBX 3,504 ($44.04) per share, for a total transaction of £49,056 ($61,651.38). 0.42% of the stock is 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.