Relx (LON:REL) Stock Passes Above Two Hundred Day Moving Average - What's Next?

Relx Plc (LON:REL - Get Free Report)'s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 3,757.26 ($49.78) and traded as high as GBX 3,921 ($51.95). Relx shares last traded at GBX 3,904.04 ($51.73), with a volume of 5,237,101 shares traded.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 4,770 ($63.20) target price on shares of Relx in a research note on Tuesday, February 18th.

Relx Stock Down 0.0 %

The business's 50 day simple moving average is GBX 3,824.41 and its 200 day simple moving average is GBX 3,765.67. The company has a quick ratio of 0.45, a current ratio of 0.48 and a debt-to-equity ratio of 216.69. The company has a market capitalization of £72.82 billion, a PE ratio of 39.31, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48.

Relx (LON:REL - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported GBX 120.10 ($1.59) EPS for the quarter. Relx had a return on equity of 56.71% and a net margin of 20.34%. As a group, analysts forecast that Relx Plc will post 134.0035675 EPS for the current year.

Relx Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, May 8th will be given a dividend of GBX 448 ($5.94) per share. The ex-dividend date is Thursday, May 8th. This represents a dividend yield of 1.19%. This is an increase from Relx's previous dividend of $18.20. Relx's payout ratio is presently 59.89%.

Insider Activity at Relx

In other news, insider Erik Engstrom sold 7,521 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of GBX 4,060 ($53.80), for a total value of £305,352.60 ($404,601.30). 0.42% of the stock is owned by company insiders.

Relx Company Profile

RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 33,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.