Shares of Relx Plc (LON:REL - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 3,157.41 ($39.31) and traded as high as GBX 3,377 ($42.04). Relx shares last traded at GBX 3,354 ($41.75), with a volume of 2,069,807 shares changing hands.
Wall Street Analysts Forecast Growth
A number of research firms have commented on REL. JPMorgan Chase & Co. upped their price objective on shares of Relx from GBX 3,770 ($46.93) to GBX 4,100 ($51.04) and gave the company an "overweight" rating in a research note on Friday, February 16th. Berenberg Bank lowered shares of Relx to a "hold" rating and upped their price objective for the company from GBX 3,300 ($41.08) to GBX 3,500 ($43.57) in a research note on Friday, March 29th.
Check Out Our Latest Analysis on REL
Relx Stock Down 1.5 %
The company has a market cap of £61.80 billion, a price-to-earnings ratio of 3,515.96, a P/E/G ratio of 3.63 and a beta of 0.46. The company has a current ratio of 0.52, a quick ratio of 0.45 and a debt-to-equity ratio of 188.92. The business has a fifty day moving average price of GBX 3,384.05 and a two-hundred day moving average price of GBX 3,157.41.
Relx Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 2nd will be issued a GBX 41.80 ($0.52) dividend. This is an increase from Relx's previous dividend of $17.00. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a dividend yield of 1.25%. Relx's dividend payout ratio is currently 6,276.60%.
About Relx
(
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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.
Further Reading
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