Relx (LON:REL) Share Price Breaks Above Two Hundred Day Moving Average – Time to Sell?

Shares of Relx Plc (LON:REL) passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 2,524.44 and traded as high as GBX 2,607. Relx shares last traded at GBX 2,571, with a volume of 3,877,550 shares trading hands.

Relx Stock Performance

The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 719.39. The stock has a fifty day moving average price of GBX 2,571 and a 200-day moving average price of GBX 2,525. The firm has a market cap of £45.11 billion, a price-to-earnings ratio of 20.79, a price-to-earnings-growth ratio of 2.69 and a beta of 0.27.

Relx (LON:REL) last issued its quarterly earnings results on Thursday, July 23rd. The company reported GBX 68.60 earnings per share for the quarter. Relx had a return on equity of 125.53% and a net margin of 23.27%. On average, analysts expect 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.