Relx (LON:REL) Sets New 52-Week High – Should You Buy?

Relx Plc (LON:REL)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 4,144 ($51.60) and last traded at GBX 4,120 ($51.30), with a volume of 2725883 shares trading hands. The stock had previously closed at GBX 4,076 ($50.75).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 4,550 ($56.66) target price on shares of Relx in a research report on Tuesday, January 7th.

Relx Price Performance

The firm has a market capitalization of £76.76 billion, a price-to-earnings ratio of 4,127.00, a PEG ratio of 2.69 and a beta of 0.48. The stock’s 50-day moving average price is GBX 3,805.30 and its 200 day moving average price is GBX 3,662.33. The company has a quick ratio of 0.45, a current ratio of 0.48 and a debt-to-equity ratio of 218.66.

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.