Relx (LON:REL) Stock Crosses Below 200-Day Moving Average – Here’s Why

Relx Plc (LON:REL) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3,595.27 ($44.99) and traded as low as GBX 3,579 ($44.79). Relx shares last traded at GBX 3,604.04 ($45.10), with a volume of 1,130,576 shares trading hands.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 4,550 ($56.94) price objective on shares of Relx in a report on Thursday, December 5th.

Relx Price Performance

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 firm has a market capitalization of £67.50 billion, a PE ratio of 3,629.00, a P/E/G ratio of 2.69 and a beta of 0.48. The firm’s fifty day moving average price is GBX 3,660.46 and its 200 day moving average price is GBX 3,596.76.

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.