Relx (LON:REL) Shares Pass Above 200 Day Moving Average of $3,456.60

Shares of Relx Plc (LON:REL) passed 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 traded as high as GBX 3,520 ($45.74). Relx shares last traded at GBX 3,499 ($45.47), with a volume of 1,112,573 shares trading hands.

Analyst Ratings Changes

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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of GBX 3,327.50 ($43.24).

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 business’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 capitalization 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 Dividend

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

About Relx

RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk.