Relx (LON:REL) Hits New 1-Year High – Still a Buy?

Relx Plc (LON:REL) shares hit a new 52-week high on Thursday . The company traded as high as GBX 4,071 ($50.89) and last traded at GBX 4,053 ($50.67), with a volume of 37883176 shares trading hands. The stock had previously closed at GBX 4,031 ($50.39).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 4,550 ($56.88) price objective on shares of Relx in a report on Tuesday, January 7th.

Relx Price Performance

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 firm has a market capitalization of £75.33 billion, a price-to-earnings ratio of 4,050.00, a P/E/G ratio of 2.69 and a beta of 0.48. The company has a fifty day moving average price of GBX 3,778.49 and a two-hundred day moving average price of GBX 3,649.39.

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.