Relx (LON:REL) Shares Cross Above Two Hundred Day Moving Average of $3,477.57

Shares of Relx Plc (LON:REL) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 3,477.57 ($45.94) and traded as high as GBX 3,645 ($48.15). Relx shares last traded at GBX 3,591 ($47.44), with a volume of 4,259,625 shares changing hands.

Wall Street Analyst Weigh In

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

Relx Stock Down 1.6 %

The firm has a market cap of £66.79 billion, a price-to-earnings ratio of 3,591.00, a PEG ratio of 2.64 and a beta of 0.48. The company has a debt-to-equity ratio of 218.66, a quick ratio of 0.45 and a current ratio of 0.48. The business’s 50-day moving average is GBX 3,549.84 and its 200-day moving average is GBX 3,477.57.

Relx Cuts Dividend

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

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.