Shares of Relx (LON:REL) break above the 200-day moving average of $3,456.60

Shares of Relx Plc (LON:REL – Get Your Free Report ) moved above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,456.60 ($44.91) and has traded as high as GBX 3,520 ($45.74). Shares of Relx last traded at GBX 3,499 ($45.47), with a volume of 1,112,573 shares trading.

Changes in Analyst Ratings

Separately, Citigroup reiterated a “neutral” rating on shares of Relx in a research note on Thursday, July 4th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 3,327.50 ($43.24), based on data from MarketBeat.com.

Read our latest analysis on REL

Relx price performance

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 company’s 50-day moving average price is GBX 3,559.94, and its 200-day moving average price is GBX 3,456.60. The stock has a market cap of £65.43 billion, a P/E ratio of 3,499.00, a price-to-earnings-growth ratio of 2.93 and a beta of 0.48.

Relx cuts dividends

The company also recently announced a dividend, which will be paid on Thursday, September 5th. Shareholders of record on Thursday, August 1st will be given a dividend of GBX 18.20 ($0.24). This represents a yield of 0.52%. The ex-dividend date of this dividend is Thursday, August 1. Relx’s dividend payout ratio (DPR) is currently 6,000.00%.

About Relx

(Get a free report)

RELX PLC, together with its subsidiaries, provides analytics and information-based decision-making tools to professional and business customers in North America, Europe and internationally. It operates through four segments: Risk; Scientific, Technical and Medical; Legal; and Exhibitions. The Risk segment provides insight-driven decision and analysis tools that combine public and industry-specific content with technology and algorithms to help clients assess and predict risk.

See Also

Get news and reviews for Relx Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Relx and related companies with MarketBeat.com’s FREE daily email newsletter.