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

Shares of Relx Plc (LON:REL) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 2,513.92 and traded as high as GBX 2,629. Relx shares last traded at GBX 2,588.57, with a volume of 5,574,218 shares changing hands.

Relx Stock Down 2.1%

The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 719.39. The company has a market capitalization of £45.74 billion, a P/E ratio of 20.99, a PEG ratio of 2.69 and a beta of 0.26. The stock has a 50 day moving average price of GBX 2,545.84 and a 200 day moving average price of GBX 2,518.06.

Relx (LON:REL) 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%. On average, research analysts anticipate that Relx Plc will post 134.0035675 earnings per share for the current fiscal year.

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.