Relx (LON:REL) Shares Cross Above Two Hundred Day Moving Average - What's Next?

Relx Plc (LON:REL - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,794.05 ($50.43) and traded as high as GBX 4,136 ($54.98). Relx shares last traded at GBX 4,121 ($54.78), with a volume of 3,217,956 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. restated an "overweight" rating and issued a GBX 4,770 ($63.41) price target on shares of Relx in a research report on Tuesday, February 18th.

Relx Trading Up 1.1 %

The business has a 50 day moving average price of GBX 3,835.18 and a 200 day moving average price of GBX 3,797.67. The company has a market capitalization of £76.21 billion, a P/E ratio of 41.14, a PEG ratio of 2.69 and a beta of 0.48. The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 216.69.

Relx (LON:REL - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported GBX 120.10 ($1.60) earnings per share for the quarter. Relx had a net margin of 20.34% and a return on equity of 56.71%. Analysts anticipate that Relx Plc will post 134.0035675 EPS for the current year.

Relx Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, May 8th will be paid a GBX 448 ($5.96) dividend. This represents a yield of 1.19%. This is a boost from Relx's previous dividend of $18.20. The ex-dividend date is Thursday, May 8th. Relx's payout ratio is presently 59.89%.

Insider Transactions at Relx

In related news, insider Erik Engstrom sold 128,798 shares of the business's stock in a transaction on Friday, February 14th. The shares were sold at an average price of GBX 4,073 ($54.14), for a total value of £5,245,942.54 ($6,973,205.56). Also, insider Alistair R. Cox bought 876 shares of the stock in a transaction on Thursday, April 24th. The shares were purchased at an average price of GBX 3,970 ($52.77) per share, with a total value of £34,777.20 ($46,227.83). 0.42% of the stock is currently owned by insiders.

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.