StockNews.com cut shares of Relx (NYSE:RELX – Free Report) from a buy rating to a hold rating in a research report released on Saturday morning.
Relx Price Performance
Shares of Relx stock opened at $46.15 on Friday. Relx has a one year low of $32.58 and a one year high of $47.42. The business has a 50-day simple moving average of $45.86 and a 200 day simple moving average of $44.27. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 1.51.
Relx Cuts Dividend
The firm also recently announced a Semi-Annual dividend, which will be paid on Tuesday, September 10th. Stockholders of record on Friday, August 2nd will be paid a $0.234 dividend. The ex-dividend date of this dividend is Friday, August 2nd. This represents a dividend yield of 1.6%.
Hedge Funds Weigh In On Relx
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.
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