Relx (LON:REL) Shares Cross Above Two Hundred Day Moving Average of $3,247.62

Relx Plc (LON:REL)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 3,247.62 ($41.28) and traded as high as GBX 3,469 ($44.09). Relx shares last traded at GBX 3,466 ($44.05), with a volume of 1,746,411 shares trading hands.

Analyst Upgrades and Downgrades

REL has been the subject of a number of research reports. Berenberg Bank cut shares of Relx to a “hold” rating and upped their price target for the stock from GBX 3,300 ($41.94) to GBX 3,500 ($44.48) in a research report on Friday, March 29th. JPMorgan Chase & Co. increased their target price on Relx from GBX 3,770 ($47.92) to GBX 4,100 ($52.11) and gave the company an “overweight” rating in a research note on Friday, February 16th.

Relx Stock Performance

The company has a debt-to-equity ratio of 188.92, a quick ratio of 0.45 and a current ratio of 0.52. The firm has a market capitalization of £65.11 billion, a price-to-earnings ratio of 3,704.26, a price-to-earnings-growth ratio of 3.76 and a beta of 0.46. The stock’s fifty day moving average is GBX 3,375.07 and its two-hundred day moving average is GBX 3,253.66.

Insider Transactions at Relx

In other Relx news, insider Alistair R. Cox acquired 1,630 shares of the stock in a transaction on Thursday, April 25th. The stock was purchased at an average price of GBX 3,229 ($41.04) per share, for a total transaction of £52,632.70 ($66,894.64). Corporate insiders own 0.42% of the company’s stock.

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.