Shares of Relx Plc (NYSE:RELX - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $49.13 and last traded at $49.10, with a volume of 16471 shares changing hands. The stock had previously closed at $48.17.
Wall Street Analyst Weigh In
Several research firms recently issued reports on RELX. Redburn Atlantic began coverage on shares of Relx in a research report on Wednesday, January 8th. They set a "buy" rating for the company. StockNews.com initiated coverage on shares of Relx in a report on Wednesday, October 30th. They set a "hold" rating for the company.
Get Our Latest Stock Analysis on Relx
Relx Stock Up 2.8 %
The company's 50 day simple moving average is $46.45 and its two-hundred day simple moving average is $46.61. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.42 and a current ratio of 0.48.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of RELX. FMR LLC lifted its holdings in Relx by 8.3% during the 3rd quarter. FMR LLC now owns 7,148,837 shares of the technology company's stock worth $339,284,000 after buying an additional 548,423 shares in the last quarter. Clearbridge Investments LLC increased its position in shares of Relx by 7.2% during the second quarter. Clearbridge Investments LLC now owns 2,260,445 shares of the technology company's stock worth $103,709,000 after acquiring an additional 152,154 shares during the period. Captrust Financial Advisors raised its stake in shares of Relx by 3.4% in the third quarter. Captrust Financial Advisors now owns 1,103,797 shares of the technology company's stock valued at $52,386,000 after acquiring an additional 35,807 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Relx by 14.6% in the third quarter. JPMorgan Chase & Co. now owns 826,481 shares of the technology company's stock valued at $39,225,000 after purchasing an additional 104,999 shares during the period. Finally, Reynders McVeigh Capital Management LLC grew its stake in Relx by 31.8% during the 3rd quarter. Reynders McVeigh Capital Management LLC now owns 495,004 shares of the technology company's stock worth $23,493,000 after purchasing an additional 119,405 shares in the last quarter. 15.02% of the stock is currently owned by hedge funds and other institutional investors.
Relx Company Profile
(
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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