Relx Plc (NYSE:RELX - Get Free Report) shares reached a new 52-week high during trading on Friday . The company traded as high as $48.32 and last traded at $48.32, with a volume of 3129 shares trading hands. The stock had previously closed at $48.13.
Analyst Ratings Changes
A number of research firms have recently commented on RELX. Citigroup upgraded Relx to a "strong-buy" rating in a research note on Tuesday. StockNews.com cut Relx from a "buy" rating to a "hold" rating in a research note on Saturday, August 31st.
Read Our Latest Report on RELX
Relx Price Performance
The stock has a fifty day simple moving average of $46.20 and a 200 day simple moving average of $44.55. 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 was paid on Tuesday, September 10th. Shareholders of record on Friday, August 2nd were issued a $0.234 dividend. This represents a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, August 2nd.
Institutional Trading of Relx
Large investors have recently modified their holdings of the company. Frazier Financial Advisors LLC bought a new stake in shares of Relx in the fourth quarter worth $35,000. Financial Management Professionals Inc. lifted its position in Relx by 192.9% during the first quarter. Financial Management Professionals Inc. now owns 867 shares of the technology company's stock valued at $38,000 after purchasing an additional 571 shares in the last quarter. Timber Creek Capital Management LLC purchased a new position in Relx during the first quarter valued at $43,000. Pinnacle Bancorp Inc. lifted its position in Relx by 90.9% during the first quarter. Pinnacle Bancorp Inc. now owns 983 shares of the technology company's stock valued at $43,000 after purchasing an additional 468 shares in the last quarter. Finally, Indiana Trust & Investment Management CO purchased a new position in Relx during the second quarter valued at $52,000. Institutional investors own 15.02% of the company's stock.
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.
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