Relx (LON:REL) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Shares of Relx Plc (LON:RELGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,533.35 and traded as high as GBX 2,564. Relx shares last traded at GBX 2,499, with a volume of 10,013,854 shares trading hands.

Relx Trading Down 2.8%

The company has a debt-to-equity ratio of 719.39, a current ratio of 0.45 and a quick ratio of 0.45. The firm’s 50 day moving average price is GBX 2,582.49 and its 200 day moving average price is GBX 2,533.35. The stock has a market capitalization of £43.51 billion, a P/E ratio of 20.02, a P/E/G ratio of 2.69 and a beta of 0.27.

Relx (LON:RELGet Free Report) last posted its earnings results on Thursday, July 23rd. The company reported GBX 68.60 earnings per share (EPS) for the quarter. Relx had a return on equity of 125.53% and a net margin of 23.27%. As a group, equities research analysts expect that Relx Plc will post 134.0035675 earnings per share for the current fiscal year.

About Relx

(Get Free Report)

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.

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