Relx (LON:REL) Stock Price Passes Above 200 Day Moving Average of $3,472.50

Posted by Grant Hamersma on Sep 12th, 2024

Relx Plc (LON:REL – Get Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,472.50 ($45.41) and traded as high as GBX 3,610 ($47.21). Relx shares last traded at GBX 3,601 ($47.09), with a volume of 4,808,405 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Citigroup reaffirmed a “neutral” rating on shares of Relx in a research note on Thursday, July 4th.

Check Out Our Latest Stock Analysis on REL

Relx Price Performance

The company has a quick ratio of 0.45, a current ratio of 0.48 and a debt-to-equity ratio of 218.66. The firm’s fifty day moving average price is GBX 3,547.64 and its 200 day moving average price is GBX 3,474.26. The stock has a market cap of £67.74 billion, a PE ratio of 3,642.00, a P/E/G ratio of 2.64 and a beta of 0.48.

Relx Cuts Dividend

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

Relx Company Profile

(Get Free Report)

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.