Relx Plc (NYSE:RELX - Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as $50.56 and last traded at $50.56, with a volume of 130415 shares. The stock had previously closed at $49.86.
Analysts Set New Price Targets
A number of analysts recently weighed in on RELX shares. Redburn Atlantic began coverage on shares of Relx in a report on Wednesday, January 8th. They issued a "buy" rating for the company. StockNews.com initiated coverage on Relx in a research report on Wednesday, October 30th. They set a "hold" rating for the company.
View Our Latest Report on Relx
Relx Stock Down 0.8 %
The business has a fifty day moving average of $47.45 and a 200 day moving average of $46.98. The company has a quick ratio of 0.42, a current ratio of 0.48 and a debt-to-equity ratio of 1.63.
Institutional Investors Weigh In On Relx
Several large investors have recently modified their holdings of the business. Private Trust Co. NA increased its stake in Relx by 19.2% during the 4th quarter. Private Trust Co. NA now owns 1,237 shares of the technology company's stock worth $56,000 after purchasing an additional 199 shares in the last quarter. Venturi Wealth Management LLC lifted its position in Relx by 0.9% in the 3rd quarter. Venturi Wealth Management LLC now owns 24,164 shares of the technology company's stock valued at $1,147,000 after acquiring an additional 214 shares in the last quarter. Ballentine Partners LLC boosted its stake in Relx by 1.4% in the 3rd quarter. Ballentine Partners LLC now owns 17,306 shares of the technology company's stock worth $821,000 after purchasing an additional 240 shares during the period. Marshall Financial Group LLC increased its holdings in Relx by 0.8% during the 3rd quarter. Marshall Financial Group LLC now owns 30,515 shares of the technology company's stock worth $1,448,000 after purchasing an additional 246 shares in the last quarter. Finally, Sage Mountain Advisors LLC raised its stake in shares of Relx by 5.1% in the 4th quarter. Sage Mountain Advisors LLC now owns 5,292 shares of the technology company's stock valued at $240,000 after purchasing an additional 258 shares during the period. 15.02% of the stock is currently owned by institutional investors.
About Relx
(
Get Free Report)
RELX Plc engages in provision of information and analytics solutions for professional and business customers across industries. It operates through the following business segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment is a global information analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity.
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