Relx (LON:REL) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Relx Plc (LON:RELGet Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,700.22 ($46.90) and traded as high as GBX 3,911 ($49.57). Relx shares last traded at GBX 3,905 ($49.49), with a volume of 3,658,033 shares traded.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 4,770 ($60.46) target price on shares of Relx in a research report on Tuesday, February 18th.

View Our Latest Stock Analysis on Relx

Relx Trading Down 0.6 %

The firm’s 50-day moving average is GBX 3,868.68 and its 200 day moving average is GBX 3,700.22. The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 216.69. The firm has a market capitalization of £71.81 billion, a price-to-earnings ratio of 38.77, a P/E/G ratio of 2.69 and a beta of 0.48.

Relx (LON:RELGet Free Report) last posted its earnings results on Thursday, February 13th. The company reported GBX 120.10 ($1.52) EPS for the quarter. Relx had a net margin of 20.34% and a return on equity of 56.71%. On average, equities analysts predict that Relx Plc will post 134.0035675 earnings per share for the current fiscal year.

Insider Transactions at Relx

In other news, insider Erik Engstrom sold 128,798 shares of the business’s stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of GBX 4,073 ($51.62), for a total value of £5,245,942.54 ($6,648,849.86). Corporate insiders own 0.42% of the company’s stock.

Relx Company Profile

(Get Free Report)

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.

Further Reading

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