Relx (LON:REL) Shares Cross Below 200 Day Moving Average – Here’s Why

Relx Plc (LON:REL)’s stock price passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of GBX 2,527.52 and traded as low as GBX 2,455. Relx shares last traded at GBX 2,480, with a volume of 2,367,021 shares.

Relx Price Performance

The stock has a market cap of £43.46 billion, a price-to-earnings ratio of 20.00, a price-to-earnings-growth ratio of 2.69 and a beta of 0.27. The company has a debt-to-equity ratio of 719.39, a quick ratio of 0.45 and a current ratio of 0.45. The company has a 50-day simple moving average of GBX 2,583.22 and a two-hundred day simple moving average of GBX 2,526.84.

Relx (LON:REL) last released its earnings results on Thursday, July 23rd. The company reported GBX 68.60 earnings per share for the quarter. Relx had a net margin of 23.27% and a return on equity of 125.53%. As a group, equities research analysts forecast that Relx Plc will post 134.0035675 EPS for the current year.

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.