Relx (LON:REL) Reaches New 1-Year High at $3,622.00

Shares of Relx Plc (LON:REL) reached a new 52-week high during trading on Thursday . The company traded as high as GBX 3,622 ($46.02) and last traded at GBX 3,614.26 ($45.92), with a volume of 23765701 shares. The stock had previously closed at GBX 3,587 ($45.58).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank downgraded shares of Relx to a “hold” rating and boosted their price objective for the stock from GBX 3,300 ($41.93) to GBX 3,500 ($44.47) in a report on Friday, March 29th.

Relx Stock Up 0.6 %

The company has a market cap of £67.47 billion, a PE ratio of 3,939.55, a P/E/G ratio of 3.83 and a beta of 0.46. The company has a quick ratio of 0.45, a current ratio of 0.52 and a debt-to-equity ratio of 188.92. The firm’s fifty day simple moving average is GBX 3,426.16 and its 200-day simple moving average is GBX 3,326.65.

Insider Buying and Selling at Relx

In other Relx news, insider Alistair R. Cox purchased 1,630 shares of Relx stock in a transaction on Thursday, April 25th. The shares were bought at an average price of GBX 3,229 ($41.03) per share, with a total value of £52,632.70 ($66,877.64). Insiders own 0.42% of the company’s stock.

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.