Relx (LON:REL) Shares Cross Above 200 Day Moving Average – Here’s Why

Shares of Relx Plc (LON:REL – Get Free Report) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 2,534.70 and traded as high as GBX 2,791. Relx shares last traded at GBX 2,775, with a volume of 5,012,094 shares trading hands.

Relx Stock Performance

The stock has a 50 day moving average of GBX 2,581.71 and a 200 day moving average of GBX 2,538. The stock has a market capitalization of £50.65 billion, a P/E ratio of 23.35, a P/E/G ratio of 2.69 and a beta of 0.28. The company has a debt-to-equity ratio of 719.39, a quick ratio of 0.45 and a current ratio of 0.45.

Relx (LON:REL – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The company reported GBX 68.60 earnings per share for the quarter. Relx had a net margin of 23.27% and a return on equity of 125.53%. Equities analysts predict that Relx Plc will post 134.00 EPS for the current year.

About Relx

(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.

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