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

Shares of Relx Plc (LON:REL - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 3,724.94 ($48.13) and traded as high as GBX 3,874 ($50.06). Relx shares last traded at GBX 3,874 ($50.06), with a volume of 8,779,564 shares changing hands.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reiterated an "overweight" rating and set a GBX 4,770 ($61.64) price objective on shares of Relx in a research report on Tuesday, February 18th.

Relx Stock Performance

The firm has a market cap of £71.36 billion, a PE ratio of 38.52, a PEG ratio of 2.69 and a beta of 0.48. The company has a debt-to-equity ratio of 216.69, a quick ratio of 0.45 and a current ratio of 0.48. The firm's 50 day moving average price is GBX 3,906.02 and its two-hundred day moving average price is GBX 3,730.06.

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

Relx Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, May 8th will be issued a GBX 448 ($5.79) dividend. This is a positive change from Relx's previous dividend of $18.20. This represents a yield of 1.19%. The ex-dividend date of this dividend is Thursday, May 8th. Relx's payout ratio is 59.89%.

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Insiders Place Their Bets

In other news, insider Erik Engstrom sold 7,521 shares of Relx stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of GBX 4,060 ($52.46), for a total value of £305,352.60 ($394,563.38). 0.42% of the stock is currently owned by 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.