Relx (LON:REL) Sets New 12-Month High – Still a Buy?

Relx Plc (LON:REL)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 3,804 ($46.45) and last traded at GBX 3,799 ($46.39), with a volume of 21669117 shares. The stock had previously closed at GBX 3,775 ($46.09).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 4,550 ($55.56) price target on shares of Relx in a research note on Tuesday.

Relx Trading Up 0.1 %

The company has a debt-to-equity ratio of 218.66, a current ratio of 0.48 and a quick ratio of 0.45. The stock’s 50-day moving average is GBX 3,670.58 and its two-hundred day moving average is GBX 3,607.07. The company has a market cap of £70.88 billion, a P/E ratio of 3,811.00, 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.