Relx (LON:REL) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Relx Plc (LON:REL) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 3,535.12 ($45.49) and traded as high as GBX 3,622 ($46.61). Relx shares last traded at GBX 3,607 ($46.42), with a volume of 3,241,733 shares changing hands.

Relx Price Performance

The business’s 50 day moving average price is GBX 3,607.18 and its 200-day moving average price is GBX 3,535.12. The company has a quick ratio of 0.45, a current ratio of 0.48 and a debt-to-equity ratio of 218.66. The company has a market cap of £67.11 billion, a PE ratio of 3,607.00, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48.

Insider Buying and Selling at Relx

In other Relx news, insider June Felix bought 1,400 shares of the business’s stock in a transaction on Monday, September 30th. The shares were bought at an average cost of GBX 3,504 ($45.09) per share, with a total value of £49,056 ($63,127.01). 0.42% of the stock is owned by insiders.

About Relx

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.