Relx (LON:REL) Share Price Crosses Above Two Hundred Day Moving Average of $3,465.76

Shares of Relx Plc (LON:REL) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3,465.76 ($45.57) and traded as high as GBX 3,558 ($46.79). Relx shares last traded at GBX 3,553 ($46.72), with a volume of 1,506,760 shares changing hands.

Wall Street Analyst Weigh In

Separately, Citigroup reiterated a “neutral” rating on shares of Relx in a research note on Thursday, July 4th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of GBX 3,327.50 ($43.75).

Relx Trading Up 0.4 %

The stock has a 50-day moving average of GBX 3,554.08 and a two-hundred day moving average of GBX 3,465.76. The company has a market cap of £66.09 billion, a P/E ratio of 3,553.00, a price-to-earnings-growth ratio of 2.90 and a beta of 0.48. The company has a debt-to-equity ratio of 218.66, a quick ratio of 0.45 and a current ratio of 0.48.

Relx Cuts Dividend

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

Relx Company Profile

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.