Relx (LON:REL) Issues Quarterly Earnings Results

Relx (LON:REL) issued its earnings results on Thursday. The company reported GBX 120.10 ($1.49) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Relx had a net margin of 20.34% and a return on equity of 59.12%.

Relx Trading Up 0.2 %

Shares of Relx stock traded up GBX 7 ($0.09) during trading hours on Thursday, hitting GBX 4,132 ($51.43). The company’s stock had a trading volume of 41,092,828 shares, compared to its average volume of 4,147,895. The business has a fifty day moving average of GBX 3,820.22 and a 200 day moving average of GBX 3,669.30. Relx has a 1-year low of GBX 3,218 ($40.05) and a 1-year high of GBX 4,205 ($52.34). The company has a quick ratio of 0.45, a current ratio of 0.48 and a debt-to-equity ratio of 218.66. The company has a market capitalization of £76.86 billion, a PE ratio of 4,132.00, a P/E/G ratio of 2.69 and a beta of 0.48.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 4,550 ($56.63) price target on shares of Relx in a research note on Tuesday, January 7th.

About Relx

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.