Relx (LON:REL) Stock Crosses Above 200-Day Moving Average - Here's Why

Relx Plc (LON:REL - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 3,742.33 ($48.26) and traded as high as GBX 3,904 ($50.34). Relx shares last traded at GBX 3,875.98 ($49.98), with a volume of 2,846,371 shares.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reiterated an "overweight" rating and set a GBX 4,770 ($61.51) price target on shares of Relx in a report on Tuesday, February 18th.

Relx Stock Performance

The company has a debt-to-equity ratio of 216.69, a current ratio of 0.48 and a quick ratio of 0.45. The stock has a market capitalization of £71.45 billion, a PE ratio of 38.57, a P/E/G ratio of 2.69 and a beta of 0.48. The firm has a fifty day moving average price of GBX 3,898.29 and a two-hundred day moving average price of GBX 3,752.20.

Relx (LON:REL - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported GBX 120.10 ($1.55) earnings per share for the quarter. Relx had a return on equity of 56.71% and a net margin of 20.34%. Research analysts expect that Relx Plc will post 134.0035675 EPS for the current year.

Relx Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, May 8th will be paid a GBX 448 ($5.78) dividend. This represents a yield of 1.19%. The ex-dividend date of this dividend is Thursday, May 8th. This is an increase from Relx's previous dividend of $18.20. Relx's dividend payout ratio (DPR) is currently 59.89%.

Insider Activity

In other news, insider Erik Engstrom sold 128,798 shares of the stock in a transaction on Friday, February 14th. The stock was sold at an average price of GBX 4,073 ($52.52), for a total transaction of £5,245,942.54 ($6,764,593.86). Insiders own 0.42% of the company's stock.

About Relx

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.