Shares of Relx Plc (NYSE:RELX - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 1,862,541 shares changed hands during trading, an increase of 168% from the previous session's volume of 695,029 shares.The stock last traded at $54.99 and had previously closed at $55.66.
Analyst Upgrades and Downgrades
RELX has been the subject of a number of recent analyst reports. The Goldman Sachs Group initiated coverage on Relx in a report on Wednesday, March 26th. They set a "buy" rating for the company. Barclays upgraded Relx from an "equal weight" rating to an "overweight" rating in a report on Friday, March 14th. Wall Street Zen downgraded Relx from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Finally, Morgan Stanley restated an "overweight" rating on shares of Relx in a report on Wednesday, April 16th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Buy".
View Our Latest Research Report on Relx
Relx Stock Performance
The company has a market capitalization of $99.63 billion, a PE ratio of 29.02, a PEG ratio of 2.73 and a beta of 0.86. The company has a 50 day moving average of $52.28 and a two-hundred day moving average of $49.42. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.52 and a quick ratio of 0.47.
Institutional Investors Weigh In On Relx
Several hedge funds and other institutional investors have recently added to or reduced their stakes in RELX. CENTRAL TRUST Co grew its stake in shares of Relx by 1,290.2% in the fourth quarter. CENTRAL TRUST Co now owns 570 shares of the technology company's stock worth $26,000 after acquiring an additional 529 shares during the last quarter. Larson Financial Group LLC grew its stake in shares of Relx by 612.5% in the first quarter. Larson Financial Group LLC now owns 513 shares of the technology company's stock worth $26,000 after acquiring an additional 441 shares during the last quarter. WPG Advisers LLC purchased a new stake in shares of Relx in the first quarter worth $28,000. Golden State Wealth Management LLC grew its stake in shares of Relx by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 588 shares of the technology company's stock worth $30,000 after acquiring an additional 294 shares during the last quarter. Finally, Cornerstone Planning Group LLC grew its stake in shares of Relx by 325.2% in the first quarter. Cornerstone Planning Group LLC now owns 693 shares of the technology company's stock worth $37,000 after acquiring an additional 530 shares during the last quarter. 15.02% of the stock is owned by hedge funds and other institutional investors.
About Relx
(
Get Free Report)
RELX Plc engages in provision of information and analytics solutions for professional and business customers across industries. It operates through the following business segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment is a global information analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity.
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