Relx (LON:REL) Share Price Crosses Above 200 Day Moving Average - Here's Why

Relx Plc (LON:REL - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3,876.45 ($52.02) and traded as high as GBX 3,955 ($53.07). Relx shares last traded at GBX 3,938.82 ($52.86), with a volume of 2,497,069 shares changing hands.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reiterated an "overweight" rating and set a GBX 4,770 ($64.01) price objective on shares of Relx in a research note on Tuesday, February 18th.

Relx Stock Down 0.0%

The firm has a market cap of £72.20 billion, a P/E ratio of 38.97, a P/E/G ratio of 2.69 and a beta of 0.48. The business's fifty day moving average price is GBX 3,981.30 and its two-hundred day moving average price is GBX 3,877.85. The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 216.69.

Insider Activity at Relx

In related news, insider Alistair R. Cox purchased 876 shares of the firm's stock in a transaction on Thursday, April 24th. The shares were bought at an average cost of GBX 3,970 ($53.27) per share, for a total transaction of £34,777.20 ($46,668.28). 0.42% of the stock is currently owned by company insiders.

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.