Relx (LON:REL) Share Price Passes Above 200-Day Moving Average – Here’s Why

Relx Plc (LON:REL)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 3,505.08 ($45.51) and traded as high as GBX 3,644 ($47.31). Relx shares last traded at GBX 3,593 ($46.65), with a volume of 2,136,598 shares trading hands.

Wall Street Analyst Weigh In

Separately, Citigroup restated a “neutral” rating on shares of Relx in a research note on Thursday, July 4th.

Relx Stock Performance

The stock has a market cap of £67.41 billion, a PE ratio of 3,628.00, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48. 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 50 day moving average price of GBX 3,573.44 and a 200 day moving average price of GBX 3,506.20.

Insider Activity

In other news, insider June Felix bought 1,400 shares of Relx stock in a transaction on Monday, September 30th. The stock was acquired at an average cost of GBX 3,504 ($45.49) per share, for a total transaction of £49,056 ($63,692.55). 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.