Relx (LON:REL) Hits New 52-Week High – What’s Next?

Relx Plc (LON:REL)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 4,071 ($50.89) and last traded at GBX 4,053 ($50.67), with a volume of 37883176 shares changing hands. The stock had previously closed at GBX 4,031 ($50.39).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 4,550 ($56.88) price target on shares of Relx in a research report on Tuesday, January 7th.

Relx Trading Up 0.5 %

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 cap of £75.33 billion, a PE ratio of 4,050.00, a P/E/G ratio of 2.69 and a beta of 0.48. The business has a fifty day moving average price of GBX 3,778.49 and a 200 day moving average price of GBX 3,649.39.

About Relx

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.