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

Relx Plc (LON:REL) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,507.03 and traded as high as GBX 2,664. Relx shares last traded at GBX 2,627, with a volume of 13,407,478 shares traded.

Relx Stock Performance

The firm has a market capitalization of £45.86 billion, a P/E ratio of 21.05, a price-to-earnings-growth ratio of 2.69 and a beta of 0.26. The company’s 50 day moving average is GBX 2,495.28 and its 200-day moving average is GBX 2,507.03. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 719.39.

Relx (LON:REL) last issued its earnings results on Thursday, July 23rd. The company reported GBX 68.60 earnings per share (EPS) for the quarter. Relx had a return on equity of 125.53% and a net margin of 23.27%. As a group, equities analysts anticipate that Relx Plc will post 134.0035675 EPS for the current year.

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.