Relx (LON:REL) Sets New 12-Month High – Still a Buy?

Relx Plc (LON:REL) reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 3,804 ($46.45) and last traded at GBX 3,799 ($46.39), with a volume of 21669117 shares trading hands. The stock had previously closed at GBX 3,775 ($46.09).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 4,550 ($55.56) target price on shares of Relx in a research report on Tuesday.

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 218.66. The stock has a market cap of £70.88 billion, a P/E ratio of 3,811.00, a P/E/G ratio of 2.69 and a beta of 0.48. The firm has a 50 day moving average price of GBX 3,670.58 and a 200 day moving average price of GBX 3,607.07.

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.