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

Relx Plc (LON:REL)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 3,899.23 ($52.97) and traded as high as GBX 4,005.03 ($54.41). Relx shares last traded at GBX 3,987.41 ($54.17), with a volume of 2,618,116 shares.

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 216.69. The stock’s 50-day moving average price is GBX 3,984.15 and its 200 day moving average price is GBX 3,899.23. The firm has a market capitalization of £73.95 billion, a price-to-earnings ratio of 39.92, a PEG ratio of 2.69 and a beta of 0.48.

Insider Activity

In related news, insider Alistair R. Cox acquired 876 shares of Relx stock in a transaction that occurred on Thursday, April 24th. The shares were purchased at an average price of GBX 3,970 ($53.93) per share, for a total transaction of £34,777.20 ($47,245.21). 0.42% of the stock is owned by company insiders.

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.