Relx (LON:REL) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Relx Plc (LON:REL) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 3,514.84 ($45.58) and traded as high as GBX 3,656 ($47.41). Relx shares last traded at GBX 3,592 ($46.58), with a volume of 2,573,755 shares changing hands.

Wall Street Analyst Weigh In

Separately, Citigroup restated a “neutral” rating on shares of Relx in a report on Thursday, July 4th.

Relx Price Performance

The company’s 50 day moving average is GBX 3,585.28 and its 200 day moving average is GBX 3,516.54. The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 218.66. The stock has a market capitalization of £67.37 billion, a price-to-earnings ratio of 3,605.68, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48.

Insider Buying and Selling

In related news, insider June Felix purchased 1,400 shares of the business’s stock in a transaction that occurred on Monday, September 30th. The shares were purchased at an average cost of GBX 3,504 ($45.44) per share, for a total transaction of £49,056 ($63,618.21). 0.42% of the stock is owned by company insiders.

Relx Company Profile

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.