Relx (LON:REL) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Shares of Relx Plc (LON:REL) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,575.98 ($45.13) and traded as high as GBX 3,746 ($47.28). Relx shares last traded at GBX 3,740 ($47.20), with a volume of 2,002,969 shares.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 4,550 ($57.43) price objective on shares of Relx in a research report on Thursday, December 5th.

Relx Stock Down 0.3 %

The stock has a market cap of £69.32 billion, a P/E ratio of 3,727.00, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48. The stock’s 50-day moving average is GBX 3,643.14 and its 200-day moving average is GBX 3,579.29. The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 218.66.

Insider Activity at Relx

In other news, insider June Felix bought 1,400 shares of the firm’s stock in a transaction that occurred on Monday, September 30th. The stock was acquired at an average price of GBX 3,504 ($44.23) per share, with a total value of £49,056 ($61,915.94). Company insiders own 0.42% of the company’s stock.

About Relx

RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk.