Relx (LON:REL) Reaches New 52-Week High – Still a Buy?

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

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reissued an “overweight” rating and issued 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 fifty day moving average price is GBX 3,791.30 and its 200 day moving average price is GBX 3,654.65. The firm has a market capitalization of £75.13 billion, a PE ratio of 4,039.00, a P/E/G 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.