Relx (LON:REL) Insider Sells £1,391,711.34 in Stock

Relx Plc (LON:REL) insider N Luff sold 61,662 shares of Relx stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of GBX 2,257, for a total transaction of £1,391,711.34.

Relx Stock Performance

REL stock opened at GBX 2,293 on Friday. Relx Plc has a 12-month low of GBX 1,991 and a 12-month high of GBX 4,183. The stock’s 50 day simple moving average is GBX 2,780.44 and its 200 day simple moving average is GBX 3,164.61. The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 216.69. The stock has a market capitalization of £41.54 billion, a PE ratio of 22.18, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48.

Relx (LON:REL) last posted its earnings results on Thursday, February 12th. The company reported GBX 128.50 EPS for the quarter. Relx had a net margin of 20.34% and a return on equity of 56.71%. As a group, research analysts forecast that Relx Plc will post 134.0035675 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 5,070 price objective on shares of Relx in a report on Friday, January 16th. Citigroup initiated coverage on shares of Relx in a research note on Monday, January 12th. They set a “neutral” rating and a GBX 3,178 price target on the stock. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Relx has an average rating of “Moderate Buy” and a consensus target price of GBX 4,222.50.

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.