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

Relx Plc (LON:RELGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-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 Trading Up 0.9%

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

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

Relx Company Profile

(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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