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

Relx Plc (LON:REL)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,632.08 ($45.19) and traded as high as GBX 3,975 ($49.46). Relx shares last traded at GBX 3,960 ($49.27), with a volume of 5,319,861 shares changing hands.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 4,550 ($56.61) target price on shares of Relx in a report on Tuesday, January 7th.

Relx Stock Up 0.3 %

The firm has a 50-day simple moving average of GBX 3,729.60 and a 200 day simple moving average of GBX 3,632.08. 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 company has a market capitalization of £73.87 billion, a PE ratio of 3,971.25, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48.

Relx Company Profile

RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 33,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.