Relx (LON:REL) Hits New 12-Month High – Here’s Why

Relx Plc (LON:REL)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 4,071 ($50.50) and last traded at GBX 4,053 ($50.28), with a volume of 37883176 shares. The stock had previously closed at GBX 4,031 ($50.01).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 4,550 ($56.44) price objective on shares of Relx in a report on Tuesday, January 7th.

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’s 50-day moving average price is GBX 3,791.30 and its 200-day moving average price is GBX 3,654.65. The stock has a market capitalization of £75.13 billion, a PE ratio of 4,039.00, a PEG ratio of 2.69 and a beta of 0.48.

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.